Eagle Resources Corporation is currently accepting limited partners for a highly-vetted opportunity for new drilling in North Dakota. Analysis for this opportunity was conducted by a highly regarded geophysical engineer, who gave this drilling venture a projected 80% success rate. Upon request, qualified investors will be granted access to these findings, as well as other data including 3D seismic analysis.
Lincoln crowne Engineering Contractors Weekly Report Edition 134 30102015Lincoln Crowne & Company
Lincoln Crowne & Company Weekly market update on the Australian Engineering & Mining Services Contracting Sector.
Edition 134 covers valuations of companies in sector and recent deals announced and advanced
- The US drilling industry has declined significantly due to falling oil prices, with rig counts at 5-year lows. Independence Contract Drilling (ICD) operates 14 onshore drilling rigs, significantly fewer than larger competitors.
- While ICD's smaller size limits economies of scale, it allows more flexibility. ICD has a strong balance sheet and reputation for quality that has led to work with major producers.
- Commodity price declines pose risks to ICD's drilling business, but analysts have largely positive views and any price increases could drive future drilling activity and growth for ICD.
LCC Asia Pacific produces a weekly report on the Australian public companies that operate in the Engineering, Services and Mining Services Sectors.
Each week the LCC Asia Pacific weekly report covers off on changes to stock trading prices, activity on those stocks and indicative valuations
The report also details both key announcements that are made in relation to contractual wins or key developments as well as outlining Merger & Acquisition activity that has taken place in the Sector
LCC Asia Pacific has specific expertise in these Sectors built up over many years, and the weekly Engineering, Services & Mining Services report has had over 200 editions issued
This is Edition 206
SAVE FUEL ON A TRUCK USING HYDROGEN TECHNOLOGYHabibur Rahman
This document presents information on dynaCERT Inc., a company that has developed a technology called HydraGenTM to reduce fuel consumption and emissions in diesel engines. HydraGenTM works by supplying engines with hydrogen and oxygen gases to enhance combustion. Field testing has shown fuel economy improvements of 10-20%. The document discusses dynaCERT's product development milestones, current focus on trucking and power generation markets, growth projections, and financial forecasts anticipating significant profits from increasing sales globally.
Lincoln crowne Engineering Contractors Weekly Report Edition 134 30102015Lincoln Crowne & Company
Lincoln Crowne & Company Weekly market update on the Australian Engineering & Mining Services Contracting Sector.
Edition 134 covers valuations of companies in sector and recent deals announced and advanced
- The US drilling industry has declined significantly due to falling oil prices, with rig counts at 5-year lows. Independence Contract Drilling (ICD) operates 14 onshore drilling rigs, significantly fewer than larger competitors.
- While ICD's smaller size limits economies of scale, it allows more flexibility. ICD has a strong balance sheet and reputation for quality that has led to work with major producers.
- Commodity price declines pose risks to ICD's drilling business, but analysts have largely positive views and any price increases could drive future drilling activity and growth for ICD.
LCC Asia Pacific produces a weekly report on the Australian public companies that operate in the Engineering, Services and Mining Services Sectors.
Each week the LCC Asia Pacific weekly report covers off on changes to stock trading prices, activity on those stocks and indicative valuations
The report also details both key announcements that are made in relation to contractual wins or key developments as well as outlining Merger & Acquisition activity that has taken place in the Sector
LCC Asia Pacific has specific expertise in these Sectors built up over many years, and the weekly Engineering, Services & Mining Services report has had over 200 editions issued
This is Edition 206
SAVE FUEL ON A TRUCK USING HYDROGEN TECHNOLOGYHabibur Rahman
This document presents information on dynaCERT Inc., a company that has developed a technology called HydraGenTM to reduce fuel consumption and emissions in diesel engines. HydraGenTM works by supplying engines with hydrogen and oxygen gases to enhance combustion. Field testing has shown fuel economy improvements of 10-20%. The document discusses dynaCERT's product development milestones, current focus on trucking and power generation markets, growth projections, and financial forecasts anticipating significant profits from increasing sales globally.
The document is a daily report from www.tradenivesh.com dated December 18, 2019. It provides an overview of the performance of key stock market indices in India and globally. It also summarizes news about various companies. The second half of the report provides technical analysis and recommendations to buy or sell various stocks and indices based on technical indicators and patterns. Overall, the document analyzes market and stock performance news and provides trading recommendations for the day.
The document discusses performance management and bonus distribution for two divisions, PT Cemindo Internasional and PT Surveindo Internasional, of a holding company. It provides details on the net profit of the holding company, the percentage of bonuses to be distributed, the number of employees and salary levels in each division, and how the bonuses will be distributed based on employee grade levels and percentages. Bonuses totaling Rp64.125 billion for PT Cemindo and Rp21.375 billion for PT Surveindo will be distributed to employees based on their grade level and division.
The document discusses performance management and bonus distribution for two divisions, PT Cemindo Internasional and PT Surveindo Internasional, of a holding company. It provides details on the company's net profit, the amount to be distributed as bonuses from profit, the number of employees and salary levels in each division, and how the bonuses will be distributed based on employee grade levels and percentages. Bonuses totaling Rp64.125 billion will be distributed to PT Cemindo employees and Rp21.375 billion to PT Surveindo employees.
Lincoln Crowne & Company weekly update on deal and valuation activity in the Australian Engineering & Mining Services Sector for the week ended 24th October 2014
For the quarter, Alembic Pharma reported sales growth of 23.1% yoy to Rs 463.4 cr, marginally below expectations. EBITDA margins improved by ~285 bps yoy to 19.6%, on the back of lower raw material cost. Hold for a target of Rs359.
Indian Oil Corporation Limited is India's largest oil company, ranked 116th in the Fortune Global 500 list in 2008 and 18th largest petroleum company worldwide. The document analyzes the company's financial ratios over several years. The liquidity, leverage, coverage, turnover, and profitability ratios are examined. While the current and quick ratios indicate some liquidity issues, the leverage ratios show most capital comes from owners, making the company relatively safe for creditors. Turnover ratios also appear satisfactory. However, the profitability ratios, including net profit margin and return on total assets, declined significantly from 2004 to 2009, indicating lower earnings performance in recent years.
Uk oil output 50 percent higher by 2018Derek Louden
I thought I'd look at UK Oil Output to see if it is falling as we're being told. What I found was record investment, the highest since the 1970's and output likely to rise by 50% between now and 2018. Ssshhh - don't tell the Scots!
StealthGas reported its 2013 second quarter results, with revenues of $30.3 million. While revenues were flat, net income declined to $5.1 million due to higher voyage costs and drydocking expenses. The company took delivery of 3 secondhand vessels and has 6 newbuildings on order as part of its fleet expansion plan. For the full year, StealthGas expects to invest $375 million to grow its fleet to approximately 50-55 vessels. The presentation outlines the company's business strategy and the positive fundamentals of the LPG shipping sector.
Presidente José Sergio Gabrielli de Azevedo. Apresentação para The Brazil-Tex...Petrobras
The document discusses Petrobras, a Brazilian oil and gas company. It outlines Petrobras' strategy to become a more integrated energy company through large investments between 2010-2014. This includes expanding oil and gas production, refining capacity, and downstream assets like pipelines and petrochemical plants. Petrobras also discusses its leadership in deepwater drilling and major pre-salt oil discoveries off the coast of Brazil.
This document is a request for a $200 million project loan from Panam Tankers Pte Ltd in Singapore to purchase ocean-going oil tankers and gas carriers. It includes loan calculations and repayment schedules for purchasing 4 oil tankers for $100 million and 4 gas carriers for $100 million. Key details provided include the borrowers and locations, confidentiality terms, company and market information, and financial projections demonstrating feasibility of repayment over 10 years.
The document discusses Noble Energy's operations and discoveries in the Eastern Mediterranean region, including Israel and Cyprus. It provides resource estimates for fields such as Leviathan (19 Tcf), Tamar (10 Tcf), and Cyprus A-2 (5 Tcf). Demand for natural gas in Israel is growing at 17% annually to 2020 due to power generation, industry, and potential coal plant conversions. Noble is progressing development plans for fields like Leviathan and export opportunities to serve growing regional and LNG markets utilizing over 19 Tcf of identified export volumes.
Is unconventional oil and gas a sustainable game changer?Energy Intelligence
Energy Intelligence's Executive Director and Oil & Money Conference chairman, Herman Franssen chairs "Is Unconventional Oil and Gas a sustainable Game Changer?"
Videos of this session will be available shortly on www.oilandmoney.com.
This document discusses Iran's new oil and gas contract model, the Iran Petroleum Contract (IPC), which aims to accommodate international energy companies post-sanctions. The key points are:
1. The IPC is a flexible production-sharing contract that aims to achieve a balance of risk and reward for international oil companies through mechanisms like full cost recovery and adjustable remuneration fees.
2. The IPC allows for different cooperation arrangements from exploration to development and production, including joint operating companies, in order to facilitate long-term partnerships between international companies and Iran's oil sector.
3. Details of the IPC model will be introduced at upcoming oil and gas conferences in Tehran and London to promote
Mercer Capital's Value Focus: Exploration and Production | Q1 2016Mercer Capital
Mercer Capital's Energy Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
This document provides a summary of Lake Shore Gold Corp.'s third quarter 2013 conference call and webcast. Key highlights include:
- Cash operating costs improved to $701 per ounce sold in Q3 2013, meeting the company's targets.
- The mill expansion was completed in September, allowing throughput of 3,370 tonnes per day and production of 13,400 ounces.
- Production was 28,900 ounces for the quarter, with solid performance despite commissioning of the expanded mill. Guidance for 2013 remains on track to produce between 120,000 to 135,000 ounces.
Petronet LNG Ltd is India's largest importer of LNG with long term supply contracts with RasGas of Qatar and Exxon Mobil's Gorgon project in Australia. The company has seen strong growth in recent years with net profit rising 112% in Q4 FY2011 and 53% for the full year. Future outlook is positive due to increasing demand for cleaner natural gas and the company's expansion plans. However, risks include volatility in international LNG prices and regulatory changes.
- Lake Shore Gold produced 136,200 ounces of gold in the first nine months of 2015 and 40,600 ounces in Q3 2015, meeting its production guidance. Cash operating costs were US$567/oz for the first nine months and US$604/oz for Q3, on track to meet full-year guidance.
- Cash and bullion increased to approximately $88 million at the end of October 2015, up $26 million year-to-date. Revenue reached a record $209.6 million in the first nine months due to high production and gold prices.
- Exploration activities continued to advance the 144 Gap Zone, with the first resource estimate expected in Q1 2016.
This corporate presentation by First Mountain Exploration provides an overview of the company's operations, management team, and proposed financing. Key points include:
- The company has acquired a large conventional exploration block and cash flow property with multiple drilling targets.
- Management has a proven track record of success with previous companies.
- A resource report estimates significant unrisked resources across multiple zones on the main property.
- The company is proposing a $10 million financing to fund drilling, acquisitions, and seismic work.
The document provides details of the proposed Odinga Oilfield business case. It discusses establishing oil wells offshore of West Africa, with the Odinga oilfield covering an area of 6000 square kilometers, located 50 kilometers into the sea. It outlines plans for exploration and appraisal of the field over multiple years, with the goal of drilling a total of 22 wells over 20 years for production. It also discusses contracting plans, environmental assessments, development plans, exploration and production costs, cash flow analysis, transportation considerations, and recommendations. The project appears profitable based on the estimated quality and quantity of oil in the field.
The document is a daily report from www.tradenivesh.com dated December 18, 2019. It provides an overview of the performance of key stock market indices in India and globally. It also summarizes news about various companies. The second half of the report provides technical analysis and recommendations to buy or sell various stocks and indices based on technical indicators and patterns. Overall, the document analyzes market and stock performance news and provides trading recommendations for the day.
The document discusses performance management and bonus distribution for two divisions, PT Cemindo Internasional and PT Surveindo Internasional, of a holding company. It provides details on the net profit of the holding company, the percentage of bonuses to be distributed, the number of employees and salary levels in each division, and how the bonuses will be distributed based on employee grade levels and percentages. Bonuses totaling Rp64.125 billion for PT Cemindo and Rp21.375 billion for PT Surveindo will be distributed to employees based on their grade level and division.
The document discusses performance management and bonus distribution for two divisions, PT Cemindo Internasional and PT Surveindo Internasional, of a holding company. It provides details on the company's net profit, the amount to be distributed as bonuses from profit, the number of employees and salary levels in each division, and how the bonuses will be distributed based on employee grade levels and percentages. Bonuses totaling Rp64.125 billion will be distributed to PT Cemindo employees and Rp21.375 billion to PT Surveindo employees.
Lincoln Crowne & Company weekly update on deal and valuation activity in the Australian Engineering & Mining Services Sector for the week ended 24th October 2014
For the quarter, Alembic Pharma reported sales growth of 23.1% yoy to Rs 463.4 cr, marginally below expectations. EBITDA margins improved by ~285 bps yoy to 19.6%, on the back of lower raw material cost. Hold for a target of Rs359.
Indian Oil Corporation Limited is India's largest oil company, ranked 116th in the Fortune Global 500 list in 2008 and 18th largest petroleum company worldwide. The document analyzes the company's financial ratios over several years. The liquidity, leverage, coverage, turnover, and profitability ratios are examined. While the current and quick ratios indicate some liquidity issues, the leverage ratios show most capital comes from owners, making the company relatively safe for creditors. Turnover ratios also appear satisfactory. However, the profitability ratios, including net profit margin and return on total assets, declined significantly from 2004 to 2009, indicating lower earnings performance in recent years.
Uk oil output 50 percent higher by 2018Derek Louden
I thought I'd look at UK Oil Output to see if it is falling as we're being told. What I found was record investment, the highest since the 1970's and output likely to rise by 50% between now and 2018. Ssshhh - don't tell the Scots!
StealthGas reported its 2013 second quarter results, with revenues of $30.3 million. While revenues were flat, net income declined to $5.1 million due to higher voyage costs and drydocking expenses. The company took delivery of 3 secondhand vessels and has 6 newbuildings on order as part of its fleet expansion plan. For the full year, StealthGas expects to invest $375 million to grow its fleet to approximately 50-55 vessels. The presentation outlines the company's business strategy and the positive fundamentals of the LPG shipping sector.
Presidente José Sergio Gabrielli de Azevedo. Apresentação para The Brazil-Tex...Petrobras
The document discusses Petrobras, a Brazilian oil and gas company. It outlines Petrobras' strategy to become a more integrated energy company through large investments between 2010-2014. This includes expanding oil and gas production, refining capacity, and downstream assets like pipelines and petrochemical plants. Petrobras also discusses its leadership in deepwater drilling and major pre-salt oil discoveries off the coast of Brazil.
This document is a request for a $200 million project loan from Panam Tankers Pte Ltd in Singapore to purchase ocean-going oil tankers and gas carriers. It includes loan calculations and repayment schedules for purchasing 4 oil tankers for $100 million and 4 gas carriers for $100 million. Key details provided include the borrowers and locations, confidentiality terms, company and market information, and financial projections demonstrating feasibility of repayment over 10 years.
The document discusses Noble Energy's operations and discoveries in the Eastern Mediterranean region, including Israel and Cyprus. It provides resource estimates for fields such as Leviathan (19 Tcf), Tamar (10 Tcf), and Cyprus A-2 (5 Tcf). Demand for natural gas in Israel is growing at 17% annually to 2020 due to power generation, industry, and potential coal plant conversions. Noble is progressing development plans for fields like Leviathan and export opportunities to serve growing regional and LNG markets utilizing over 19 Tcf of identified export volumes.
Is unconventional oil and gas a sustainable game changer?Energy Intelligence
Energy Intelligence's Executive Director and Oil & Money Conference chairman, Herman Franssen chairs "Is Unconventional Oil and Gas a sustainable Game Changer?"
Videos of this session will be available shortly on www.oilandmoney.com.
This document discusses Iran's new oil and gas contract model, the Iran Petroleum Contract (IPC), which aims to accommodate international energy companies post-sanctions. The key points are:
1. The IPC is a flexible production-sharing contract that aims to achieve a balance of risk and reward for international oil companies through mechanisms like full cost recovery and adjustable remuneration fees.
2. The IPC allows for different cooperation arrangements from exploration to development and production, including joint operating companies, in order to facilitate long-term partnerships between international companies and Iran's oil sector.
3. Details of the IPC model will be introduced at upcoming oil and gas conferences in Tehran and London to promote
Mercer Capital's Value Focus: Exploration and Production | Q1 2016Mercer Capital
Mercer Capital's Energy Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
This document provides a summary of Lake Shore Gold Corp.'s third quarter 2013 conference call and webcast. Key highlights include:
- Cash operating costs improved to $701 per ounce sold in Q3 2013, meeting the company's targets.
- The mill expansion was completed in September, allowing throughput of 3,370 tonnes per day and production of 13,400 ounces.
- Production was 28,900 ounces for the quarter, with solid performance despite commissioning of the expanded mill. Guidance for 2013 remains on track to produce between 120,000 to 135,000 ounces.
Petronet LNG Ltd is India's largest importer of LNG with long term supply contracts with RasGas of Qatar and Exxon Mobil's Gorgon project in Australia. The company has seen strong growth in recent years with net profit rising 112% in Q4 FY2011 and 53% for the full year. Future outlook is positive due to increasing demand for cleaner natural gas and the company's expansion plans. However, risks include volatility in international LNG prices and regulatory changes.
- Lake Shore Gold produced 136,200 ounces of gold in the first nine months of 2015 and 40,600 ounces in Q3 2015, meeting its production guidance. Cash operating costs were US$567/oz for the first nine months and US$604/oz for Q3, on track to meet full-year guidance.
- Cash and bullion increased to approximately $88 million at the end of October 2015, up $26 million year-to-date. Revenue reached a record $209.6 million in the first nine months due to high production and gold prices.
- Exploration activities continued to advance the 144 Gap Zone, with the first resource estimate expected in Q1 2016.
This corporate presentation by First Mountain Exploration provides an overview of the company's operations, management team, and proposed financing. Key points include:
- The company has acquired a large conventional exploration block and cash flow property with multiple drilling targets.
- Management has a proven track record of success with previous companies.
- A resource report estimates significant unrisked resources across multiple zones on the main property.
- The company is proposing a $10 million financing to fund drilling, acquisitions, and seismic work.
The document provides details of the proposed Odinga Oilfield business case. It discusses establishing oil wells offshore of West Africa, with the Odinga oilfield covering an area of 6000 square kilometers, located 50 kilometers into the sea. It outlines plans for exploration and appraisal of the field over multiple years, with the goal of drilling a total of 22 wells over 20 years for production. It also discusses contracting plans, environmental assessments, development plans, exploration and production costs, cash flow analysis, transportation considerations, and recommendations. The project appears profitable based on the estimated quality and quantity of oil in the field.
- The document provides a status report on Noble Corporation's fleet of offshore drilling rigs as of December 18, 2014. It lists 37 rigs along with details on their design, location, operating client, estimated contract start and end dates, and dayrates.
- The majority of Noble's fleet is currently contracted for work in the US Gulf of Mexico and offshore various countries in the Middle East and South America, with dayrates ranging from $81,000 to $632,000 depending on the rig and contract.
- Several rigs are noted as available, in shipyards for maintenance or upgrades, or in transit between locations over the coming months based on existing or anticipated contracts.
SM Energy had record production and reserves in 2013. Annual average daily production grew 33% compared to 2012. Proved reserves increased 46% year-over-year to 428.7 MMBOE. The company realized efficiencies in its development programs, with drilling and completion costs decreasing 4-14% compared to 2012. SM Energy plans continued development in its core areas, with over 100 wells planned for 2014 across the Eagle Ford and Bakken/Three Forks.
- Seplat reported Q4 and full year 2014 results in line with expectations, with revenues of $775 million.
- The analyst has lowered their target price for Seplat shares from N771 to N756 due to higher operational risks on the Trans Forcados Pipeline and a slightly lower production forecast.
- Production guidance for 2015 is 32-36 thousand barrels of oil equivalent per day, with the startup of a new gas facility expected to increase gas volumes.
UKCS Upstream Oil & Gas Report 2016 EditionDerek Louden
The document provides a summary of oil and gas production from the UK Continental Shelf in 2015. It notes that oil production increased for the first time since 2007, rising 18.6% from 2014, while gas production also increased slightly. It lists the top oil and gas producing companies in 2015. Finally, it provides an overview of new fields that began production in 2015 and projected future increases in production from developments in the pipeline.
Natural gas and bio methane as fuel for transport m. kootEuropean Commission
This document discusses safety aspects of transporting liquefied natural gas (LNG). It begins with definitions of terms like reserves, resources, and organic. The document then discusses the composition of LNG, including that it consists mainly of methane. It notes key characteristics of LNG like its atmospheric boiling point and density. The document also compares LNG to compressed natural gas and discusses safety mitigation measures at LNG retail stations, like collision protection, emergency stops, and gas detectors.
Bienestar Financiero al servicio de su jubilación anticipada
Pago de su 🏡
Estudio de sus hijos
Directamente a tu cuenta bancaria
Con Tesorería Auditoria Jurídica comercial
Administración de carteras
Apalancamiento Financiero
Desarrollo de tu marca personal
Acceso a Desarrollo de varias industrias
Cuentas bancarias
Estructuras Físicas en USA y en América Central
Avalado por Bolcomer
Puesto de Bolsa Comercial
Turismo
Y mucho más
Link de registro
https://business.myinfinity.global/maurod8/
https://therusnetwork.com/
Contacto:
https://goo.su/pzm1fja
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
2. SAFE HARBOR
This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities.
Such offers are made only by the confidential Eagle Drilling Venture 2019 L.P. Private Placement
Memorandum (PPM). Investors in limited partnership interests are required to meet certain
suitability standards that are set forth in the Investor Suitability section of the PPM.
This document does not replace the PPM and is qualified in its entirety by the PPM. The investment
involves various degrees of risk, including the speculative market associated with fluctuations in the
price of oil and natural gas market. Refer to the PPM for details. The information contained in this
brochure is objective only. There is no guarantee these objectives will be met
2
4. Eagle Drilling Venture 2019 LP (EDV2019LP) is a limited
partnership created to participate in the drilling of two (2)
wells in the Lodgepole Reefs geologic area of Southern
North Dakota.
Eagle Resources Corporation has retained award-winning
geophysical engineer James Oltmans II, who originally
discovered the Lodgepole formations in 1995. Today, using
advanced 3D seismic analysis, he has uncovered 2.5 MBBO
in the Panther and Ocelot oil fields.
The goal of this limited partnership is to extract these
new crude oil reserves.
Based on the geological analysis found in this presentation,
our confidence level to achieve this result is 95%.
EXECUTIVE SUMMARY
PROJECTED IRR
107%
MINIMUM
180%
MOST LIKELY
269%
MAXIMUM
Based on projected economic
factors outline on page 11.
4
5. Eagle Resources Corporation is offering a total of forty
(42) units available at a cost of $100,000 per unit ($4.2
million). See EDV 2019 Private Placement subscription
agreement.
• Units may vary in size at the discretion of the
managing Partner.
• The investment will be structured as a Limited
Partnership to limit general liability risk to the investor.
• Total Cost for both wells will total $4,125,000; LP
represents 35% of total well cost.
• Only Royalties will be 3rd party royalties, Eagle
Resources will not take a Royalty Interest
• The investment is being offered to accredited
investors only
INVESTMENT SUMMARY
5
6. NEW DRILLING OPPORTUNITY
Eagle Resources has uncovered 2.5 MBBO in
the Panther and Ocelot oil fields in the Williston
Basin of North Dakota.
In 1995, geophysical engineer Jim Oltmans II
discovered the Lodgepole Formation in the
Williston Basin of North Dakota. In that field,
there were individual wells with production
rates in excess of 2700 BOPD. For his efforts,
he received an Outstanding Exploration Award
from The Rocky Mountain Association of
Geologists.
RENEWED EXPLORATION INTEREST
Today, the Lodgepole Formation is now thought
to extend over a larger portion of the Williston
Basin than previously thought. Using advanced
3D seismic analysis, Mr. Oltmans has
uncovered 2.5 MBBO in the Panther and
Ocelot oil fields.
To capitalize on this discovery, Eagle
Resources has retained Mr. Oltmans as a key
advisor for this new drilling opportunity.
6
7. GEOLOGICAL ANALYSIS
The primary seismic attribute for detecting favorable
drilling location is higher amplitude anomalies, shown
here in green to yellow in the Lodgepole Reefs.
OVERVIEW
Both wells will be drilled within
the Lodgepole Reefs geologic
area in the Williston Basin, within
the Ocelot and Panther oil fields.
Fifteen (15) wells have been
developed in and around the
Ocelot and Panther oilfields - 13
producing wells and 2 injection
wells.
The 13 successful wells have
produced 15.7 MMBO.
To minimize geologic risk, Eagle
Resources and partners used
advanced 3D seismic analysis
as well as data from surrounding
wells.
7
8. GEOLOGICAL ANALYSIS
ADVANCED 3D SEISMIC ANALYSIS
• 42 wells inside the 3D survey bounds of the
Lodgepole Reefs were examined for four
unique attributes common within successful
wells.
• When all four attributes are found, the well
yields a success rate of 95% (40 out of 42
wells).
• The proposed Panther and Ocelot
prospect wells have all 4 attributes.
This analysis was performed by James Oltmans
II, a Geophysical Engineer who originally
discovered the Lodgepole Formations for
Duncan Oil in 1995.
8
9. UWI/API OPERATOR Amplitude Isochron Bls time Reef pick OIL GAS WATER
33089001600000 TEXACO INCORPORATED No No No No
33089001940000 APEXCO INCORPORATED Yes No No Yes
33089002320000 SHELL OIL CO No No No No
33089002640000 WESCO OPERATING INC No No No No 330,457 145,914 8,241,349
33089002770000 WESCO OPERATING INC No No No No 560,549 252,114 8,135,180
33089002850000 WESCO OPERATING INC No No No No 106,131 51,306 1,398,241
33089003510000 CENERGY EXPL CO No No No No
33089003740000 MOBIL OIL CORP No No No No
33089004160000 COLUMBIA GAS DEV CRP No No No No
33089004260000 ARMSTRONG OPRTG INC Yes Yes Yes Yes 634,475 340,162 2,925,453
33089004280000 WHITE ROCK O & G LLC Yes Yes Yes Yes 39,860 19,931 82,930
33089004340000 ARMSTRONG OPRTG INC Yes Yes Yes Yes 5,818 2,392 4,609
33089004360000 WHITE ROCK O & G LLC Yes Yes Yes Yes 1,239,614 506,631 2,913,871
33089004370000 SCOUT ENERGY MGMTLLC Yes Yes Yes Yes 1,307,751 626,268 2,711,465
33089004400000 SCOUT ENERGY MGMTLLC Yes Yes Yes Yes 4,840,904 2,645,659 4,764,257
33089004410000 MERIDIAN OIL INC No No No No
33089004410100 MERIDIAN OIL INC No No No No
33089004420000 ARMSTRONG-JORDAN Yes Yes Yes Yes
33089004470000 WESTPORT O&G CO LP Yes No Yes No
33089004530000 DUNCAN RAYMOND T Yes No Yes Yes
33089004580000 DUNCAN RAYMOND T No No Yes No
33089004660000 WHITE ROCK O & G LLC Yes Yes Yes Yes 376,866 136,459 2,961,544
33089004670000 SCOUT ENERGY MGMTLLC Yes Yes Yes Yes 2,540,665 1,357,870 4,665,711
33089004680000 ARMSTRONG OPRTG INC No No No No
33089004710000 TRANSTEXAS GAS CORP Yes No No No
33089004740000 WESCO OPERATING INC Yes Yes Yes Yes 289,986 132,557 251,464
33089004790000 SCOUT ENERGY MGMTLLC Yes No Yes Yes 635,882 336,411 2,608,836
33089004880000 SCOUT ENERGY MGMTLLC Yes Yes Yes Yes 407,026 264,512 1,379,645
33089004900000 SCOUT ENERGY MGMTLLC Yes Yes Yes Yes 1,448,879 559,178 2,287,438
33089004910000 DENBURY ONSHORE LLC Yes No Yes No 132,214
33089005340000 DUNCAN OIL CO INC No No No No
33089005390000 DUNCAN OIL CO INC Yes Yes No No
33089005510000 WHITE ROCK O & G LLC Yes Yes Yes Yes 257,389 108,913 2,272,791
33089005540000 ARMSTRONG OPRTG INC No No No No
33089005750000 PETROSEARCH OPER CO Yes No No Yes
33089005830000 ARMSTRONG OPRTG INC Yes Yes Yes Yes 851,167 326,381 23,434
33089005840000 ARMSTRONG OPRTG INC Yes Yes Yes Yes 874,110 341,801 303
33089006170000 ARMSTRONG OPRTG INC No No No No
33089006520000 WESCO OPERATING INC Yes No Yes Yes
33089006890000 CHIMNEY SWEEP O & G No No No No
33089008600000 ARMSTRONG OPRTG INC No No No No
33089008990000 ARMSTRONG OPRTG INC No No No No
YES YES YES YES
YES YES YES YES
Dry Hole
Dry Hole
Dry Hole
PANTHER PROSPECT
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole / Missed Target
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
SEISMIC ATTRIBUTES
Dry Hole
Dry Hole
Dry Hole
Dry Hole
Dry Hole
RESULTS
OCELOT PROSPECT
PRODUCTIVE
LODGEPOLE WELLS
RESULTS NOT AS
PROJECTED
FOUR COMMON
ATTRIBUTES
When all four attributes
are found, the well yields a
success rate of 95% (40
out of 42 wells).
The proposed Panther
and Ocelot prospect
wells have all 4
attributes.
GEOLOGICAL ANALYSIS
9
10. ECONOMIC ANALYSIS
Two main variables affect an
investment in oil/natural gas wells –
commodity pricing and the amount
recoverable reserves.
As commodity pricing can be volatile
in nature, the following economic
analysis attempts to take this into
account by examining three economic
cases based upon varying commodity
prices.
EDV2019LP PROJECTED
INTERNAL RATE OF RETURN (IRR)
• Minimum: 107%
• Average: 180%
• Maximum: 269%
As this prospect is still considered exploratory
in nature, there is still a risk of an unsuccessful
well, however given the geologic data
examined, we can estimated the chance for a
successful well at 95%.
100
11. ECONOMIC ANALYSIS: Projected IRR
MINIMUM MOST LIKELY MAXIMUM
OIL PRICE $ 26 $ 52 $ 80
GAS PRICE $ 2.50 $ 3.50 $ 4.50
OCELOT WELL
OIL BBLS 679.50 1,510.00 1,963.00
GAS MMCF 271.80 604.00 785.20
PANTHER WELL
OIL BBLS 533.50 1,067.00 1,387.00
GAS MMCF 213.4 554.8 426.8
EDV 2019 LP IRR 107% 180% 269%
111
14. ECONOMIC ANALYSIS: Tax Benefits
EDV2019 Limited Partners will be investing in the Intangible Drilling
Costs of both prospective wells. This qualifies members to take
advantage of the Intangible Drilling Costs tax benefit under current
U.S. tax code.
INTANGIBLE DRILLING COSTS
Under current tax code, this is 100% tax deduction for federal
income tax purposes. To facilitate this benefit, Intangible Drilling
Costs will account for 80% of total well expenditure, or $3,300,000.
To maximize this tax incentives for limited partners, this investment
will functionally allocate the tangible drilling costs to Eagle
Resources Corporation - 20% of total well cost, or $825,000.
Only Royalties will be 3rd party royalties, Eagle Resources will not
take a Royalty Interest.
144
15. JOINT VENTURE PARTNERSHIP
ABOUT FREEDOM ENERGY RESOURCES
Freedom Energy Resources is a company engaged in
the exploration and development of oil and gas assets
with a focus on conventional oil and gas. Freedom’s
highly regarded, professional management team has
collectively more than 100 years of experience and has
worked together successfully for nearly 20 years. This
team utilizes industry leading best practices to achieve
superior results and possesses significant technical and
operational experience.
For EDV2019 LP Eagle Resources Corporation has joint ventured with Freedom
Energy Operating LLC. Freedom Energy will own 55% of the wells and be the
operator of the Partnership wells
The Eagle Drilling Venture 2019 LP will own approximately 35% working interest and
a 27.125% revenue interest in the Panther well the Ocelot wells.
To learn more about Freedom
Energy Resources LLC, visit
www.freedomenergyres.com
155
16. MANAGING GENERAL PARTNER
Eagle Resources Corporation will serve as the managing General Partner for
Eagle Drilling Venture 2019 LP.
Incorporated in 1983, Eagle Resources is a non-operating Exploration &
Production company providing qualified investors with access to highly-vetted &
limited liability drilling opportunities.
Eagle Resources is currently owned and operated by H. James Adams. Under
Mr. Adams’ leadership, Eagle Resources has successfully drilled 198 wells in
Pennsylvania and raised over $20,000,000 in partnership capital.
Current opportunities include drilling ventures in multiple geological areas of the
United States. Today, through best-in-class drilling analysis and strategic JV
partnerships, Eagle Resources provides its partners with highly-vetted drilling
ventures in the United States.
166
17. H. JAMES ADAMS BACKGROUND
H. James Adams is President and CEO of Eagle Resources
Corporation, a position he has held since the company’s
inception in 1992. During this time, he has been involved in
198 drilling ventures in Pennsylvania.
Prior to Eagle Resources, Mr. Adams owned and was
President of Adams Energy, Inc., which provided financial
consulting services to independent oil & gas companies.
Other notable positions include Treasurer and CFO of
Angerman Associates, Inc. (1983 - 1990), an independent
natural gas production company. Senior Analyst at
Consolidated Natural Gas Corporation (1983 - 1990), where
he was involved in the exploration, development, and
marketing of natural gas. Mr. Adams began his professional
career with Price Waterhouse & Co.
Mr. Adams holds a BS in Accounting from Duquesne
University, an MBA from the University of Pittsburgh, and is a
Certified Public Accountant.
H. James Adams, CEO
Eagle Resources Corporation
Phone: 724-720-9353
Email: hja@eaglerescorp.com
177
18. REQUEST PRIVATE PLACEMENT MEMORANDUM
This investment is reserved for accredited investors only. To
request a private placement memorandum for Eagle Drilling
Venture 2019 LP please contact us today.
CONTACT EAGLE RESOURCES
Office: 724-720-9353
Mobile: 724-612-7901
Email: hja@eaglerescorp.com
Web: www.eaglerescorp.com
EDV2019LP SUMMARY
188