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Twin Butte Energy is a Calgary, AB-based company in the Energy & Utilities sector.
Management`s primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. Ring Energy, Inc. (NYSE MKT: REI) is a Texas-based oil and gas exploration, development and production company with current operations in Texas and Kansas. Founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. As of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million BOE`s (barrel of oil equivalents) and an estimated $198 million* in PV-10 (future net revenues discounted 10%). Ring Energy`s management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation in reservoir engineering, Ring has the components in place to build a profitable and successful program.
Petromax Operating Co Inc is a Garland, TX-based company in the Energy and Utilities sector.
Davenport Energy has been meeting the region`s fuel needs for more than 80 years. We provide propane, fuel oil, kerosene, gasoline, and diesel fuel service for homes, businesses, and convenience stores throughout central, southside, and southwestern Virginia. Friendly people, reliable service, fair and honest pricing. That`s the Davenport difference.
Carrizo Oil & Gas, Inc. is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas from resource plays located in the United States. Our current operations are principally focused in proven, producing oil and gas shales primarily in the Eagle Ford Shale in South Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania. We have grown our production and reserves over the last 10+ years by focusing on horizontal drilling and completion in unconventional resource plays. We are an industry leader in horizontal development drilling, having drilled and completed hundreds of extended reach horizontal wells in a number of different shale plays. The company has accumulated significant expertise in the drilling and completion of complex extended reach horizontal wells in shale plays, from densely populated urban areas to difficult terrains. Our business strategy is to leverage this core competency in pursuing exploitation and development opportunities in the most prospective North American resource shale regions. This strategy has led to significant success the Eagle Ford Shale of South Texas where we are one of the lowest cost, fastest growing operators. In April of 2010 we announced the initiation of oil focused horizontal development programs in the Eagle Ford Shale in South Texas where we have accumulated ~67,700 net acres and in the Niobrara Formation in Northeastern Colorado where we have accumulated ~47,500 net acres. We have experienced impressive results in both these areas with 100% drilling success and strong production growth. Most recently, we have built a position in the emerging Utica Shale in Eastern Ohio, where we hold ~25,700 net acres. We also maintain an option on natural gas prices through our position in the Marcellus Shale in Appalachia, where we have accumulated ~37,300 net acres. In 2013, we spent $757 million on oil and gas operations and have budgeted $765 million for 2014 activities.