RJ Burr, president and CEO of Panex (Panther Exploration Company), discusses his family's history in the oil business and the divisions of Panex. He shares how his family got involved in the oil industry and the decision to start the company. He also talks about the challenges and opportunities in the oil industry, the importance of oil in our lives, and the future of the industry. Panex has made 23 property acquisitions since the market crash in 2020 and currently controls over 100 million barrels of oil reserves. Panex is an oil and gas company that focuses on drilling and extracting oil from existing wells using a unique drilling process. They have successfully drilled and placed several wells into production, with a focus on acquiring reserves and expanding their operations. The company aims to become a major player in the American oil industry and is confident in the long-term value and demand for oil. They prioritize their partners and strive to provide a good return on investment while maintaining transparency and accountability.
