Aztec Oil & Gas Inc. announced that it expects to receive $50 million in funding.

Aztec Oil & Gas, Inc. is an oil and gas exploration and production company. The Company's business plan is to participate in and purchase oil and gas interests. The Company is focused on its sponsored drilling programs. The Company pursuing investment outside of sponsored programs focusing on growth, including asset acquisitions and exploration. The Company has various partnership properties, which are exclusive to Texas. The Company's partnership properties portfolio are located at Upper Gulf Coast, North West and East Texas, which include VIII B LP with 42 wells, VIII C LP with 42 wells, X-A LP with 40 wells, X-B LP with 35 wells, X-C LP with 50 wells, XI-A LP with 66 wells, XI-B LP with 96 wells.