Petroleum Exploration Company, Ltd., dba PETEX, is a private company based in Breckenridge, Texas. PETEX's primary focus is the acquisition, drilling and operation of oil and gas properties within the 48 contiguous United States. Founded in 1979, the company is the leading gas producer and second-leading BOE producer in District 7B. PETEX continues to embrace the core values that have contributed to the company’s success, thereby instilling honesty, integrity, respect and persistence every step of the way. We pride ourselves on the quality of the people working for PETEX and their ability to work quickly and efficiently to accomplish the tasks at hand in a professional and economic manner. We love what we do and we do it well.