Texas Allied Petroleum, Inc., operating out of Austin, Texas, runs the business of exploration, development and production of oil and natural gas reserves in the Texas and Louisiana Gulf Coast area.
Incorporated in November 2005, it is a BBB accredited business since July 23, 2008. BBB (Better Business Bureau) accreditation simply means that the business meets the BBB accreditation standards, including a commitment to resolve all consumer complaints.
Texas Allied Petroleum, Inc. (www.texasalliedpetroleum.com) is currently producing in excess of 500,000 cubic feet of natural gas per day. It recently participated in the drilling and testing of a 2,200 ft well in Coffee County, Kansas. Earlier this month in Feb 2010, it has competed the drilling and testing of this well known as Wilson/Todd.
TAP Inc. has acquired a 300 acre oil and gas lease in the Henry Crooks Survey, Lavaca County, Texas. It has plans to develop and test up to 4 wells in the Yegua sand. Later, it had participated in the completion of the Neuman #1, a 10,000 ft. well in Liberty County, Texas.
Vastly expanding its core business of exploration, development and production of oil and natural gas reserves, late last year in October, TAP Inc. had acquired additional interest in the Main Pass 35 project. The Main Pass is made up of 15 wells, offshore from Plaquemines Parish, Louisiana.
Last year in July, TAP Inc. had utilized a new technology when it participated in the re-completion of the Theuman #2 well in Colorado County, Texas. The well was at +/- 2,300 ft. According to TAP Inc., the new technology used could increase the productivity of its existing fields.
Texas Allied Petroleum, Inc. has received a BBB rating of A on the scale of A+ to F. This is the second highest rating and speaks volumes about this corporation.
According to BBB, its accreditation does not mean that it evaluated and endorsed products and services of these businesses. In addition, the accreditation also does not mean that BBB has determined the business services and products vis--vis quality and competency. Businesses are also not obliged to seek BBB accreditation.
BBB rating for Texas Allied Petroleum, Inc., just as for other businesses seeking rating, is based on a proprietary formula. This formula evaluates a number of categories of information. The rating TAP Inc. has received represents BBBs degree of confidence the business is operating in a trustworthy manner.
When processing a business for accreditation, BBB also considers a customers complaint history - unanswered and unresolved complaints, and information regarding government action against that business, among 17 different elements.
BBB Reliability Reports cover a three-year reporting period and are subject to change at any time.
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