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Signature Exploration and Production Corporation (OTC:SXLP), Houston, (BULLETIN BOARD: SXLP) , an independent energy company engaged in the exploration, development, exploitation and acquisition of oil and natural gas properties in the U.S., has announced that its joint venture partner in South Texas has leased a 1,043 net acre (m/l) Frio Sand (gas) target in South Texas. The target was identified through the acquisition of a 303 sq. mile 3D seismic database. Signature currently owns a 10% working interest with an option of 10% on additional wells on the prospect. The prospect has two potential targets for drilling, which...