Cone & Petree Oil & Gas Exp., Inc. is a privately-owned oil and gas exploration and production company headquartered in Lubbock, TX. Founded in 1981, Cone & Petree specializes in the extraction of crude petroleum and natural gas in the Permian Basin. The essence of Cone & Petree's operations lies in the search for and production of oil and gas assets. The company operates with its own staff and equipment and is well-known and respected