Proven leadership team with a successful track record of acquiring and managing non-operated, cash flowing oil and gas properties. Seeking equity commitment to acquire non-operated working interest within U.S. basins that consist of oil and gas production and development opportunities.
Grow portfolio of cash flowing, non-operated, working interests in producing properties. Acquisition Philosophy – “Cash is king”. “Buy right” - Avoid competition by focusing on initiating off-market purchase opportunities (see overview for complete strategy).
Utilize established industry network to source market and “off-market” transactions; Plains currently has identified more than 50 acquisition opportunities throughout the U.S. and Canada.
Currently property ownership in: Wyoming, Texas, Kansas, Oklahoma, Louisiana and Pennsyslvania.