Welcome to Veecy!  Login  | Register
  • Businesses For Sale
  • Businesses Seeking Funding
  • Franchises

West Ranch V 3 well drilling program in the heart of the proven/prolific West Ranch Field located in Jackson County, Texas. 1.75% Net Revenue Interest with 2.33% working interest.

Richardson, Texas, USA
Listing ID:94
Funding Amount Needed : $53,500
Industry: Energy Funding Type: Both Debt and Equity
Maturity Stage: Profitable Year Established: 2009
Has Business Plan: Yes Revenue: $500,000 - $999,999
Forecasted Revenue: $285,000 avg gross rev per month    

Extract, develop and deliver "Mineral Wealth" in the form of "Investment Grade" opportunities. Our sole focus is on cash flow generation and income tax protection for our partners. Our aim is to transform your diversified energy investment portfolio into income producing assets that generate years of compounding returns. Phere Energy Inc specializes in "Leading Edge" exploration, development and production of crude oil and natural gas. We drill in sectors of "Proven Commercial Reserves" and "Established Production" creating timely and cost effective ventures.

Phere Energy Inc proposes to drill, test and complete, if productive one vertical well and re-complete two existing wells in the West Ranch Field in Jackson County, Texas. This Field is a known producing field. The lease that Phere Energy Inc acquired has existing wells with proven pay zones behind the pipe in each well. Phere Energy Inc will drill one well and re-complete two others conducting the testing necessary to determine which pay zones to exploit in each of the 3 wells.

Describe Product or Service

Extract, develop and deliver "Mineral Wealth" in the form of "Investment Grade" opportunities. Our sole focus is on cash flow generation and income tax protection for our partners. Our aim is to transform your diversified energy investment portfolio into income producing assets that generate years of compounding returns. Phere Energy Inc specializes in "Leading Edge" exploration, development and production of crude oil and natural gas. We drill in sectors of "Proven Commercial Reserves" and "Established Production" creating timely and cost effective ventures. Phere Energy achieves growth in "Partnership Value" with our technology centric approach. Technology integration enables us to reduce the finding costs and enhance the effectiveness of our developmental operations. A unified approach in extracting "Proven Minerals" establishes high investment grade. As a result, our investors realize a more balanced portfolio per diversification, resulting in attractive risk-adjusted investment performance.

Market

Our drilling programs are available to accredited individual investors and we also deal with a large number of small to medium sized investment groups.

Sales & Marketing Strategy

Our sales strategy is simple. Because of our location, production, and neighbors in this field we find that most of our current investor base snap up our programs as they are released. With that, we have a strong referral business and of course seek new investors in order to maintain our investor base.

Management Team

We utilize well over 20 years of experience both on the drilling/operations and financial side of the business.

Next Steps

Press the Contact Now button to send and inquiry about the listing

  • Save to Watchlist
  • Share this listing:
Images
Send a message to this capital seeker
Message

Send a copy of this email
Only send messages relevant to this listing and the purposes of the site. Those sending spam and fraudulent messages will have their IP address blocked.
Veecy.com will not share your information with third parties. By sending this message, you agree to our terms of use and privacy policy.
Privacy Policy. Terms of Service
Herengracht 7, Terneuzen, Netherlands 4531GM Tel: +31-115-610318