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Synergy Resources Corporation engages in the acquisition, exploitation, exploration, development, and production of oil and natural gas assets primarily located in the Greater Wattenberg Field in the Denver-Julesburg Basin in northeast Colorado. As of February 28, 2015 our estimated net proved oil and gas reserves as prepared by Ryder Scott Company equated to 40.3MM BOE (barrels of oil equivalent). We operate 308 wells (including 52 horizontal wells) and have an ownership interest in 297 net producing wells. The company commenced operations in 2008 and is based in Platteville, Colorado.
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.
firstalertlocating is a Grande Prairie, AB-based company in the Energy & Utilities sector.
Luxe Minerals LLC is a privately owned Austin, Texas-based company that acquires mineral and royalty interests in premium unconventional liquids-rich basins throughout the United States. Luxe Minerals was formed in March 2017 with an approximately $254 million equity commitment from NGP through Natural Resources XI, L.P. and the Luxe Minerals management team. Co-Founders A. Lance Langford and Jeff Larson, have worked together for over 25 years at Burlington Resources, Brigham Exploration, and Statoil. While at Brigham and Statoil, Lance and Jeff served as executives, and drove both companies` success and significant growth in the Bakken, drilling and completing more than 500 horizontal wells with 10,000 foot laterals. In May of 2015, Lance and Jeff founded Luxe Energy LLC with a $500 million equity commitment from NGP through Natural Resources XI, L.P. Eighteen months from formation, and after spending a portion of their original commitment, Luxe Energy divested its Delaware Basin assets to Diamondback Energy, Inc. for $560 million. In October 2016, Luxe Energy announced a new $524 million equity commitment from NGP and the Luxe management team. The Luxe Energy team is currently seeking investment opportunities in large-scale operated positions in the same seven oily basins as Luxe Minerals.