Oil Field Acquisition & Development

  • Burrite

    Burrite Inc. is the acquisitions arm of Panex LLC. The company was created for the purpose of acquiring premium oil field assets.

  • Acquisitions

    Burrite has located and acquired several thousand acres of highly productive oil field property in the Salt Dome fields of Texas and Louisiana.

  • Development

    We are currently drilling our fifth well in the Bayou Choctaw Field. We plan to develop the entire Blackstone and Wilbert areas of this field. 


    Over 100 drill sites have been identified, many of which are already permitted.


  • Stock

    Burrite is preparing for the future by retiring debt and putting the company on solid ground for an IPO.


    Details of this will be posted on this site.  You can also fill out the form below and we will contact you to answer specific questions.

Burrite Inc. is a subsidiary of Panex LLC. The company was created to acquire oil fields and oil field assets. It is the holding company for Burrite Acquisitions ~Louisiana.


Burrite Acquisitions~Louisiana controls the majority of the Bayou Choctaw Field which is comprised of the 1,038 acre Wilbert Lease and the approximately 320 acre Blackstone Lease. They are located 15 miles southwest of Baton Rouge, LA. It is our estimation that the reserves exceed 20 million "proved" barrels of oil remaining to be recovered. 100+ "proved" drill sites have been identified.

As the media continues to promote renewable energy as a replacement for fossil fuels, they leave out one very important point... There is no renewable energy source that would be able to replace fossil fuels, and there most likely won't be for decades, if ever.


If you would like to know more about how to be in the right place at the right time, contact us now.

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Accredited Definition

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This is not an offer to sell. An offer to sell or invest in a Security must be accompanied by an offering Memorandum, with verification of Accreditation through third party under a reg D 506(c) please see definition of accredited here https://www.sec.gov/files/review-definition-of-accredited-investor-12-18-2015.pdf