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Commissioners grant one‑year extension on county oil-and-gas lease to Gulftex Energy
Summary
Denman County granted a one-year extension to Gulftex Energy for an oil-and-gas lease after Gulftex representative Thomas Posey said permitting delays at the Railroad Commission prevented timely drilling; Posey said Gulftex was willing to re‑pay the lease bonus for the extension.
Denman County Commissioners approved a one-year extension on an oil-and-gas lease with Gulftex Energy to allow the company additional time to complete permitting and drilling operations.
Thomas Posey, representing Gulftex Energy, told the court the company had drilled three wells in Taft Catarina and sought to drill three more on about 2.7 acres of county land. Posey said the Railroad Commission’s permitting process delayed Gulftex’s work, and that the company’s original lease effectively expired in May 2025. Posey asked the court for a one‑year extension and said Gulftex was prepared to pay the lease bonus again.
County officials asked for clarification about exact expiration dates and whether Gulftex had provided payment; Posey confirmed the lease expiration date listed on the record as May 25, 2025 and said a bonus check had been included in the packet presented to the county. Commissioners discussed timing and paperwork logistics and a motion to approve the extension was made on the record. The motion carried by voice vote; the court did not read a roll‑call tally on the record.
No contract number, amendment language or revised lease instrument was read into the record; staff and the company agreed to exchange paperwork so originals could be filed with the county clerk after the meeting.
