Simmons steps back from TTE

CASH-strapped TTE Petroleum has decided to farm out a majority interest in its flagship projects in Texas to local firm Viceroy Petroleum, as part of a wide-ranging reorganisation that will see CEO and noted oil bull Brad Simmons step down for health reasons.

Simmons steps back from TTE Simmons steps back from TTE Simmons steps back from TTE Simmons steps back from TTE Simmons steps back from TTE

The Texas-based Viceroy will acquire a 70% working interest in Allen Dome, including the 50% interest owned by former funding partner Gulf South Energy Partners, plus all of the Boling Dome and

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