Oil & Energy - , ,
We bring together the best technology and the right experience to integrate value oriented exploration and production programs with efficient operations and aggressive market optimization to produce higher value at lower risk for our stakeholders and industry partners.Since 2005, the Buffalo Management Team has assembled and drilled over 50 wells on projects covering more than 100,000 acres in the Frio and Jackson Trends of South Texas. Total project costs to date exceed $50 million; ultimate capex on these ongoing active areas will be in excess of $100-200 million.Project financing from private industry partners is being used to carry out these activities, with an active drilling Program. More than two-thirds of all wells have been completed as commercial producers.Beginning in 2009, we acquired and/or acted as advisor to Murphy Oil and other companies on over 50,000 acres of Eagle Ford Shale Trend acreage in McMullen, Frio and Atascosa Counties. Our international activities include the development of equity production programs and commercial procurement/distribution projects working with firms in both the U. K. and India.