Gasper Rice Resources, Ltd. is a Texas Limited Partnership managed by its General Partner, Gasper Rice & Associates, Inc..  Grant F. Rice serves as President and Mrs. Pat Budro as Vice President, Secretary and Treasure of Gasper Rice & Associates, Inc., a Texas Corporation.

Grant Rice began his career with C.F. Braun & Co. in 1976 after graduation from the University of Texas.

Mr. Rice was employed by Wainoco Oil & Gas Company for 18 years including 15 years as Vice President –Land.  In late 1995 Wainoco was sold and Mr. Rice and Mr. Raymond Gasper, Wainoco’s reservoir engineering manager formed the partnership.  Ms. Budro also joined Gasper Rice having worked for Mitchell Energy and Wainoco Oil & Gas Company.  She has 40 years of experience in accounting, land, production and regulatory. Mr. Gasper passed away in April of 2009.

Previously, Gasper Rice owned and operated Grand Isle 55, which included two wells and an offshore platform located in federal waters offshore Louisiana.

Gasper Rice currently operates wells primarily located in the gulf coast area of Texas, as well as participating as a non operator in properties located in Texas, Louisiana, Oklahoma and Mississippi.


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Last modified: 01/19/10