Oil & Gas Asset Acquisitions
Through our extensive network of oil & gas industry professionals in the U.S., we are positioned to look at and acquire prime oil & gas properties before they are put on the market for sale. We see a high volume of these properties on a monthly basis, many of which
were not going to be put on the market, however, we are able to acquire them because of key long-term relationships we have throughout the industry. The properties we acquire are not over promoted because in most cases we are acquiring the property directly from the owner. We are highly selective in the properties we acquire. What we look for are properties that have existing production, proven underground reserves, a good infrastructure, existing wells that can be reworked, and lots of acreage where new wells can be drilled.
Our management team handles and oversees every aspect of the day to day operation of the oil & gas properties that we acquire. The team has over one hundred years of experience in the oil & gas industry, covering every aspect of it from acquiring a lease or
property to developing it and selling it. We manage and work closely with geologists and drilling contractors, as well as with cementing and frac companies. We manage and oversee each step of a drilling or rework program through well completion and putting wells into production.
Two things will increase the asset value of an oil & gas property. One is rising oil prices and the other is developing the property. The key to increasing the property or asset value is to develop the property and increase its oil & gas production. The production can
be increased by reworking existing wells, drilling new ones, and by using a secondary recovery method such as a waterflood program, which is designed to repressurize a formation and drive oil up to the earth’s surface through producing wells. The property asset value can increase dramatically, if in addition to increasing the property’s oil & gas production, the price of a barrel of oil goes up significantly.