WELL COMPLETION FUNDING
Well Completion Funding for Oil & Gas Operators
Our well completion funding increases oil and gas operators’ producing reserves, business profitability, bank collateral, and balance sheet strength without diluting company equity or leasehold inventory to the benefit of customer stakeholders.
Target Prospect Characteristics
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Multi-phased projects located within the U.S.
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Strong preference towards oil and NGL production
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Short cycle, “behind pipe” reserve prospects (preferably 10+ wellbores):
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Return to production
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Workovers
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Recompletions
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Re-fracs
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Drilled uncompleted wells, including new development wells
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“De-risked” prospects located in mature fields with established infrastructure and marketing outlets
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Customer participation for 25%+ of capex
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$5-50 million capital need in year one, potentially increasing thereafter
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Follow-on investment / project expansion opportunities
Operator Benefits
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Timely execution of project funding
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Accelerated conversion of prospect inventory into production
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Retention of capital structure and governance
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Retention of producing reserves and leasehold inventory
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Retention of operating control