GulfWest focuses on West Texas, Gulf Coast core areas for growth

Houston independent GulfWest Energy Inc.'s core areas of operations—in West Texas and on the Gulf Coast of Texas and Louisiana—will be seedbeds for the company's future growth. Although the company also holds assets in Colorado, Oklahoma, and Mississippi, it is still evaluating whether to keep and develop these assets or sell them, Thomas R. Kaetzer, president and CEO, told OGJ. "Growing in Oklahoma and Colorado could make sense if we make the right acquisition," he said.Gulf Coast focusGulfWest began acquiring properties in 1993, explained Jim C. Bigham, executive vice-president. The company began with an initial public offering and used the proceeds to purchase prope...

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