Paxton Recaps Positive Developments From 10-Q Filing

Paxton Energy, Inc. (OTC:PXTE) reports to recap highlights from their June 30, 2011 Form 10-Q filing.

The press release is quoted as saying:

Paxton engages in the acquisition, exploration, development and drilling of oil and natural gas properties. Paxton is an energy turnaround company whose strategy is to acquire cash flow producing properties with proved and probable reserves, develop the fields by reworking existing wells and drilling new wells. Paxton was founded in 2004 and is based in Stateline, Nevada.

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