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CYBER ENVIRO-TECH, INC. ANNOUNCES SPINOFF OF ALVEY OIL FIELD TO TEXAS COASTAL ENERGY, CORP.
Cyber Enviro-Tech, Inc. (OTCQB: CETI), an environmentally driven company specializing in the remediation of industrial wastewater, oil, sludge, and soil, today announced the spinoff of its Alvey Oil Field operation to Texas Coastal Energy, Corp. (TCEC).
About this update from West Texas Resources, Inc.
[{"type":"text","content":"SCOTTSDALE, Ariz., Sept. 16, 2025 /PRNewswire/ -- Cyber Enviro-Tech, Inc. (OTCQB: CETI), an environmentally driven company specializing in the remediation of industrial wastewater, oil, sludge, and soil, today announced the spinoff of its Alvey Oil Field operation to Texas Coastal Energy, Corp. (TCEC).","length":303,"tagName":"p"},{"type":"image","alt":"Cyber Enviro-Tech Logo (PRNewsfoto/Cyber Enviro-Tech)","displaySize":"","headline":null,"caption":"Cyber Enviro-Tech Logo (PRNewsfoto/Cyber Enviro-Tech)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":161,"url":"https://media.zenfs.com/en/prnewswire.com/117785cf943139b85957c972e54cfb2e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MWsipVRM_dUxlZ_Vq0nTaw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/117785cf943139b85957c972e54cfb2e","width":400,"height":161}},"href":"https://mma.prnewswire.com/media/2077739/Cyber_Enviro_Tech_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"While this transaction was being negotiated, TCEC completed a reverse merger through which it assumed control and operational stewardship of West Texas Resources, Inc. (OTCID: WTXR). Operating under the WTXR banner, the company has expanded its portfolio of producing oil and gas wells and reinforced its strategy to revitalize legacy oil fields across Texas. The acquisition of the Alvey Oil Field further accelerates WTXR's growth trajectory.","length":463,"tagName":"p"},{"type":"text","content":"The Alvey Oil Field was originally acquired by CETI as a pilot site to test and refine its proprietary oil production enhancement technologies. Those efforts proved instrumental in demonstrating broader applications—extending beyond oil field optimization into large-scale remediation of contaminated oil, sludge, soil, and wastewater. As CETI's technology and strategy have evolved, the Alvey asset no longer aligns with the company's core focus. By spinning off the Alvey asset, CETI can fully dedicate its resources to advancing a growing portfolio of domestic and international remediation projects. At the same time, CETI and its shareholders retain the opportunity to participate in the future value of the Alvey Oil Field through its continued development by a company with deep...