West Texas Resources, Inc. (OTCPK:WTXR) entered into a letter of intent to acquire 100% working interest in Dixie/Dzurich Production from MORANSCO Energy Corporation in cash on April 11, 2016. The deal is expected to close on June 30, 2016. West Texas Resources, Inc. (OTCPK:WTXR) cancelled the acquisition of 100% working interest in Dixie/Dzurich Production from MORANSCO Energy Corporation on April 11, 2017.