RESULTS
Our oil and gas production and exploration consulting evaluation resulted in the purchase of a Wamsutter Arch asset, SW Wyoming: Purchased 9.5 Mmcfd & 200 Bod, 200 Wells, over 100 drilling locations & 31,000 net acres. Horizontal upside Ft. Union/Lewis/Almond. Asset was not being actively marketed by seller.
Southwest Wyoming / Northwest Colorado; Purchased two Southwest Wyoming and one Northwest Colorado gas / liquids assets, with upside & acreage.
Green River Basin, Wyoming; Our oil and gas exploration prospect generation has resulted in 18,000 acres leased.
NW Kansas: Six completed oil exploration projects and prospects sold;
Riptide Energy has the consulting experience, skill sets and relationships to find new oil and gas reserves through exploration prospecting and purchase existing production at reasonable costs with upside.
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Developing
new play concepts & identifying high potential areas for gas and
oil accumulation.
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Identifying
low risk, close in exploration to existing oil and gas exploration.
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Identifying
missed pay and new oil and gas zones in existing well
bores.
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Evaluating
areas acreage availability and competitive activities.
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Full
Mapping and Cross Section creation; utilizing industry standard
software such as Petra and Seisvision.
2D & 3D Seismic Mapping.
Log calculations.
Reservoir engineering; reserve analysis, decline analysis, present value calculations & economics.
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Presentation
creation and successful selling of prospects.
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Bidding
on fee, state and BLM acreage.
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Utilizing
vast contact database of relationships of buyers and sellers of oil
and gas prospects and production.
Marketing of prospects and production for buyers and sellers.
Due diligence on prospect buying & selling.