Major Investment Opportunity of Oil and Gas Development Assets
Financial Information:
Minimum Investment $500,000.00
Summary:
Kite Energy,LLC with an established oil and gas operator with 25 years experience in operations are seeking partners to develop oil and gas mineral projects primarily in Texas. Kite Energy and its partner are seeking industry partners or qualified investors in the medium to large investing range. The operator has several thousand acres leased and ready to be developed. Most of the undeveloped acreage has substantial reserves for future drilling for primary production enabling a long-term potential for profitability. Plans are underway to horizontal drill the Haynesville Shale in Shelby County, Texas . Estimated cost for drilling and completion is $8,000,000.00 (US Dollars). Estimated reserves of gas is 6-8 BCF. The timeing should be great with natural gas prices most likely rising in the near future. Please contact us at 903-431-0795 if you are interested in this project .
Jeff Thomas General Manager of Kite Energy, LLC July 18,2009