Irving, TX – August 15, 2018 – Shalewolf Capital, the asset allocation firm which practices the art of the long view, is looking for partnership opportunities for a major land lease in Texas. The company is aiming at expanding its oil and gas investments in view of the current situation and developments in this sector.
Shalewolf Capital is on an expansion spree, and has recently acquired a major stake in East Texas on a mostly BP controlled acreage. The new land lease in Texas will be based on its investment approach of disciplined due diligence and risk measurement so as to obtain long-term outcomes for itself and its investors.
According to Shalewolf Capital, the current situation in the oil sector opens up perfect vistas to acquire oil and gas assets, and its overall strategy is thus geared in this direction. With growing demand, oil production will be outpaced by over 500,000 barrels by 2020. The impact of the circumstances in countries like Venezuela, Africa and Iran will see oil prices reach over $110 per barrel.
The recent deal in Texas will see the company partner with NCE for developmental drilling on Cotton Valley reserves in Harrison County. The upside potential for this is estimated by third parties at over 684,000 BOE and 55BCFG in oil and natural gas reserves.
This year, ShaleWolf Capital expects to close another 3-4 new acreage positions in regions such as the Permian Basin, Austin Chalk, Bone Springs and Eagleford Shale oil and gas reserves. The investments will come from its own cash reserves with no contributions required from current partners.
ShaleWolf Capital is an asset allocation firm with a dedicated focus in the energy, cannabis and real estate sectors. ShaleWolf focuses large capital allocations to industries and assets that offer a substantial sustained income potential. These vehicles are carefully considered to give large investment fund managers, asset directors and accredited investors the opportunity to participate in proven assets outside of traditional markets. No investment vehicle, industry or asset should be considered void of risks. Oil and gas investments involve substantial risks and could include total loss of capital invested.
For more information, please visit: www.shalewolf.com
Company Name: ShaleWolf Capital
Contact Person: Steve Moore
Email: Send Email
Address:320 Decker Drive, Suite 100
State: TX 75062
Country: United States
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