West Texas Resources, Inc. announced that the Company has agreed to a Joint Venture Agreement with Miller Oil Properties, Inc. and D-Mil Production, Inc. WTR will acquire certain non-operated working interests in properties which are currently owned by non-operating partners to the Miller Companies. These properties are located in Oklahoma and Texas and operated by the Miller companies. Under terms of the agreement WTR acquires most of the non-operated working interest in the properties which are located in south central Oklahoma and north Texas. The properties currently comprise working interests in nineteen wells, ten of which are wells that are currently waiting on re-completions and/or work over's. As part of the Joint Venture Agreement, WTR will fund the development of Proved Behind Pipe Reserves and Proved Shut-in Reserves on these ten wells. The total estimated capital required to carry out the development plan is $423,500.00.