Thorn Energy Corp. Employee Directory
Oil and GasTexas, United States2-10 Employees
Thorn Energy Corp is a small oil and gas company based in Lewisville, Texas. It was formed to capitalize on volatility in world energy markets by acquiring producing oil and gas properties that remain profitable under current depressed prices. The firm concentrates on Texas and Oklahoma assets where lifting costs are low enough to yield immediate profitability at prevailing prices. By pursuing these properties, Thorn Energy aims to secure short-term returns while positioning for potential gains when energy prices recover. Market conditions described include slowed drilling activity, lower oil field service costs, and reduced lease acquisition costs in energy-producing regions. The company notes that highly leveraged producers may need to unload properties to avoid going out of business, which could provide acquisition opportunities.