Rockshire Energy

Rockshire Energy

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Rockshire Energy I, LLC’s model is to operate or engage a local operator on each project who has expertise operating efficiently in the area while the management team will maintain financial and managerial control on the project. This will be a very cost-effective model as Rockshire Energy I begins operating more properties. The Company intends to build its own operations team and assume day to day operational control of the properties post acquisition. For the near term, the management team will utilize additional senior industry consultants as needed to review and advise on our operations plans so the Company maintain the highest level of technical work on these fields to achieve optimal recoveries of both oil and gas while deploying capital efficiently. As a practical matter, our management team has over 130 years in combined experience in the exploration and production sector of the oil and gas industry. The Company’s goal is to maximize production from the leases and to increase the amount of proven reserves in the lease(s), boosting both the cash flow and the underlying value in each lease.
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About Rockshire Energy

Rockshire Energy I, LLC was formed for the purpose of acquiring leases with existing production, or de-risked reserves and upside potential and apply advanced exploration and production technology to improve the recovery from the leases. The Company’s targets in these prospects include improving existing production, looking for missed pay zones in existing wells, and looking for new drilling opportunities in the existing formations or new formations not exploited by a previous operator.

Rockshire Energy I uses advanced seismic and engineering techniques to recover more of the reserves from these fields. In summary, our strategy to create value will be a low risk, high return strategy that includes developing both conventional and unconventional (EOR) reserves. We will focus initially on the following Geographic areas in Texas: Andrews, Zavala, Wilbarger, and Fayette Counties.

Our focus is creating and maintaining investor wealth through local alternative investment strategies. The team’s collective abilities provide an advantage over investing individually by allowing us to quickly and efficiently address any issues. Because our managers are directly involved in the placement of investment funds, we can manage our investments more actively than large institutional investors. By investing in a company with experienced and specialized management, investors are freed from the complexities, worries, and time required for individual investment management.

Over the years, we have seen extreme market fluctuations; because of this, we are always researching market trends to develop strategies allowing us to mitigate this volatility and reduce its negative effects on our investors. This experience has also better positioned us to take advantage of opportunities presented in such times of uncertainty. This proactive approach sets Rockshire Energy I, LLC apart from our competition.

 

Features

Acquisitions will focus on additional properties that follow the same model of unrealized potential along with some existing production, and where we can leverage a number of advanced engineering techniques such as perforating, acidizing, mutual solvent treatments, re-fracks, coiled tubing cleanouts, paraffin treatments, directional sidetracks, horizontal wells, commingling, adding gas lift, and compression to increase production. A field specific work over plan and drilling program will be developed to increase reserves and production on each project.

Proceeds will be invested into the properties to increase production and cash flow. As production is increased, the properties may be sold to satisfy the JV partner group exit strategy. The Company’s goal is to increase both the level of reserves and cash flow to allow us to acquire deals with larger upside for additional development.

In the initial stage, the Company is targeting three wells: one well in Andrews County, Texas and two wells in Zavala County, Texas. The company may substitute a well in Fayette County for one of the three initial wells. The management team anticipates these initial properties to yield an undiscounted cash flow per each project’s specific financial model. Management believes each project will maintain significant residual value after the work programs is completed and capital has been fully deployed. There is the potential that additional capital raises will be done after the successful production increases on the first properties, to allow the acquisition and development of even larger properties.

The goal of the company is to increase shareholder value long term. The focus is to build drilling inventory, reserves and cash flow and to create a sustainable enterprise.

Team

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Attention. There is a risk that unverified members are not actually members of the team

SPENCER BROWN, JR.
CEO
unverified
DAVID WEREHAHN
COO
unverified
PAUL DOMAGALSKI
Vice President Land Management
unverified
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