Topic: Seeking Investor(s) for Oil & Gas Project in the USA (Read 201 times)

If you do seek out an investor then you should really make yourself somehow transparent by providing some proofs not necessarily all the said documents but only a glimpse which can
prove out that this is a legit one.I'm afraid that you will surely failed out if that would be the way on how you set things up.

Definitely would be okay with this for an investor, can show any documents that are requested. Would not prefer to just post these images for everyone to see.

I've seen that many times people will just ask to see, and just try to pick the smallest things apart. I would rather wait until someone that is interested and is looking for more information.

Can you post up some pictures on past histories or transactions with your drilled lots?

Of course we don’t expect someone to just write a check based on a proposal. We are seeking investors globally and have contacted local groups already. This project would be smaller than the regular groups we usually make deals with. We are seeking individuals rather than investment groups. The best way to find an investor is to reach out to as many people as possible. For a project with the level of funding, a flight would be a drop in the bucket overall.

We have proof of concept from various wells previously drilled and lots of land available for new projects. We are looking for more capital to expand at a faster rate. We would definitely be ok with meeting people and having them view the existing land/wells.

Lots of options available regarding terms. Open to anything reasonable.

Oil and Gas industry is too big. I dont believe that we are just talking thousands on here.If you do look for investors then better to seek out locally which can
really personally visit out that 10,000 acres of land you are talking into.This agreement or arrangement would really be complex and i dont think that someone will just randomly
give you 60k usd or more because of your proposal. 

Hello all,

This project is not directly related to crypto but I thought that this might reach some investors looking to enter the US market.

Project overview/costs:
$60k USD to drill well (Includes fracking)
2 days to drill and have a well up and running
Drill depth is approximately 1100 ft on average with up to 30ft of pay
All shallow production

Produces 5-20 bpd (barrels per day)

Profits per barrel are $32.50 after all opp costs

Well life lasts 20-30 years and will produce 1-3bpd for that long.
Wells from 1950 are still producing oil.

We're thinking about doing a raise to start but can expand rather large if needed. Have enough land to drill over 10000 wells right now.

We hold over 10,000 acres of land and have been drilling since the 1950s and they still have some of those wells producing.  On average they drill between 50-100 wells per year with there own capital.  In the field we would be drilling in it's a 960 acre parcel with surrounding producing wells on the land doing anywhere from 2bpd to 50bpd.  Average well providing ranges from 5bpd up to 50bpd per well.

If we funded the program today for example we would be drilling next week as the project is that ready to go. We owns all own drilling equipment and can ramp up to drill 5-10 wells per week pending capital provided.  These are also very shallow wells a dry hole costs no more then $5000-$10000.  

All oil is trucked in and out from the fields and sold for Texas spot pricing.

The operator has been drilling since the early 1950.  Over the past 10 years he has drilled over 700 wells with his own capital and holds a 97% success rate.

open to either debt capital, working interest partners per well and share structure for our capital raise, terms are very flexible.

PM me with contact details if interested and want to discuss more about amount of capital or any other details.