Daleco Resources Corporation engages in the exploration, development, and production of oil and gas in the United States. As of September 30, 2013, the company owned working interests in 28 wells in Texas and West Virginia. It also has overriding royalty interests in 70 wells in the Deerlick Coalbed Methane Field in Alabama, 2 wells in Pennsylvania, and 1 well in Texas. In addition, the company explores, markets, and sells naturally occurring minerals, as well as markets and sells products and processes utilizing its minerals. The company owns fee title interest, leasehold interests, and federal mining claims containing non-metallic minerals in the states of New Mexico, Texas, and Utah. Daleco Resources Corporation was founded in 1996 and is based in West Chester, Pennsylvania.
