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Lometa's principal business is generating exploration activity on prospective acreage. Lometa works with geologists and geophysicists in developing their ideas and concepts on oil and gas drilling properties, by assembling the necessary leases and industry partners. Currently, Lometa is actively pursuing drilling prospects in Brazos, Leon, Grimes, Madison, and Anderson counties of Texas.
Elliott Interests is a family limited partnership (Texas LLC) which owns real estate, oil and gas interests, and mineral interests in Brazos, Burleson, Grimes, Leon, Robertson, Milam, Houston, and Mills counties in Texas. The entity is involved in the daily management of these assets as well as other investments.
Producing high quality beef from Santa Cruz-Beefmaster Cross for feedlot finishing, using improved pastures of primarily Tifton 85 Bermuda grass. Hay production of approximately 1,000 tons of quality forage annually for ranch use and sales to the public.
The ranch has been in the cattle business for 35 years and is currently upgrading the cattle herd to produce calves better suited for feedlot operations.
Millican Land & Royalty Trust owns several thousand mineral acres in Brazos, Burleson, Leon and Hidalgo Counties of Texas.