L6NRG partnerships collectively own interests in about 12,000 acres and 200 producing oil and natural gas wells in the continental United States. Our area of activity is highlighted on the map below. Currently, our core area of activity is concentrated in the Bakken and Three Forks areas in Montana, North Dakota and the Great Green River Basin in Wyoming. The company hold also some minority positions in 200 active wells in North Dakota, Wyoming, Colorado, Utah, Texas, Louisiana, Oklahoma, Arkansas, Louisiana, Mississippi and Alabama. Operators are all majors. The company is also exploring opportunities in the Permian, Texas and New Mexico and continue to acquire land in the Rockies. In the second quarter 2018, the Company was very active in Oklahoma and Texas where it acquired about 80 wells position. During the fourth quarter the company acquired additional Working Interest in 20 wells in Colorado and 10 wells in Utah.
L6NRG’s professional staff consists of experienced geologists, engineers, accountants, attorneys and landmen. Collectively, they have over 50 years of average experience. L6NRG possesses the knowledge and experience necessary to source and evaluate prospects from a diverse number of geographical regions. Currently, L6NRG’s efforts are focused in the Bakken, Three Forks and Great Green River Basin areas in the Rockies, but we also explore other opportunities in New Mexico, Texas, Alabama and Oklahoma We evaluate all prospective acquisitions on the basis of their oil and natural gas producing potential or history. Key screening criteria include:
In order to thoroughly analyze all of these factors, L6NRG utilizes third party experts such as PetroValues, DrllingEdge and others.