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Jun 8, 2016 9:52 EST

AEGIS OIL, LLC’s primary focus is the exploration, development and production of premium oil and natural gas reserves

iCrowdNewswire - Jun 8, 2016

Aegis Oil LLC

Plano, TX 75075, US
Oil & Gas Production & Processing
www.aegisoil.com/

AEGIS OIL, LLC was founded in 2009 and is headquartered in Plano, Texas. The Company’s primary focus is the exploration, development and production of premium oil and natural gas reserves.

The Company’s #1 objective is to acquire oil and gas leases with the best long-term profit potential at the best possible price.

Return On Investment : Every venture pursued by Aegis is thoroughly researched: A successful oil and natural gas producing property is capable of potentially truly outstanding Returns On Investment. If carefully planned, intensively researched and well- executed, these returns can last up to 30 years or longer.

Risk Reduction Strategies. The most proven strategy to minimizing risk in a prospective oil and natural gas production venture is to drill in areas where there are known and producing oil and natural gas reserves. While easily stated, the research required on current area production, past production and gathering seismic and other geologic information is extensive and time-consuming…there are no shortcuts. Expertise combined with the patience to follow a rigorous process of due diligence and research are prerequisites of any very successful project.

A successful investment strategy is focused on “Inside Developmental” wells, versus exploratory wells; simply stated, drilling wells in areas where there are other wells known to have been producing, or currently producing, from the target formation.

New technologies have created investment opportunities as rarely seen in the oil industry. Investors in professionally managed companies that follow prudent strategies, have an opportunity to develop profitable oil and natural gas portfolios. Integrity and dedication to the success of our venture partners, using empirical research, proprietary state of the art technology and professional corporate financial management is the foundation of the ongoing success of Aegis Oil, LLC.

Products / Services

Sedwick Field JV III

NAME OF COMPANY: Aegis Oil LLC, Plano, TX

NAME OF OPERATOR Aegis Fluids Management
Plano, TX
TX RRC # 008551

NAME OF PROGRAM: SEDWICK FIELD J.V. III

TYPE OF PROGRAM: Two Well Oil and Gas Project

PROGRAM ACTIVITY Drill two wells to a proposed total depth of 4,000’ each

LOCATION: Shackelford County, Texas

COST OF PROGRAM: $1,829,600

WORKING INTEREST PER UNIT: 6.25% in each of two (2) Wells

NET REVENUE INTEREST PER UNIT: 4.68% in each of two (2) Wells

NUMBER OF UNITS: 16 Units

UNIT VALUE: $114,350

NAME OF OIL AND GAS FIELD: Sedwick Field

TRAPPING MECHANISM: Stratigraphic/Fault Trap

GEOLOGIC AGE: Mississippian thru Permian Age

CUMULATIVE OIL PRODUCTION TO DATE: 1,600,000,000 Barrels of Oil

CUMLATIVE NATURAL GAS PRODUTION 2,400,000,000,000 Cubic Feet of Gas
TO DATE:

VALUATION OF CUMULATIVE
OIL & GAS PRODUCTION TO DATE: $87,200,000,000
(SEDWICK FIELD AND SURROUNDING AREA)
(BASED ON $50/BARREL OIL and $3/MCF GAS)

 

Management

President Executive Officer
Reagan Beason

President & Chief Executive Officer
Reagan Beason studied Structural engineering at Oklahoma State University and went directly to work in the oil and gas industry designing oil and gas drilling rigs. Mr. Beason is responsible for managing and overseeing all aspects of the company’s divisions for Aegis, including the Executive and Geological Division, the Exploration and Production Division and Field Operations Division.
Professional Profile:
Extensive knowledge in drilling and completing vertical , as well as multilateral oil and gas wells
Over 30 years of experience in oil and gas industry
Strong knowledge in well completion design
Excellent project and management skills
Experienced in environmental remediation
Background in Structural Engineering
Strong background in lease evaluation
Excellent project management skills and costs control
Ability to work well with geologists and mud loggers and service personnel
Complete understanding of all drilling

 

President Executive Officer
Reagan Beason
Contact Information:

Reagan Beason - President Executive Officer

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