| 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
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