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Jul 14, 2016 9:23 EST

Wyutex Oil & Gas, LLC is a privately held upstream oil and gas company

iCrowdNewswire - Jul 14, 2016

Wyutex Oil and Gas, LLC

Rock Springs, WY 82901, US
Oil & Gas Production & Processing

Wyutex Oil & Gas, LLC is a privately held upstream oil and gas company. The strategy of the company is to acquire an appropriate field with operations that provides current production and revenue. It should provide upside to the company with offset and infield drilling as well as efficient operational management thus reducing the risk of drilling and maximizing the production of the existing wells. The long-term strategy of the company is to deliver a publicly-traded company with long-term production and reserve growth by building a performance driven energy portfolio. The company’s strategy is achieved through a balance of oil and gas plays with downside hedges and upside price appreciation, vertical integration of services to positively impact bottom line revenue.

Central to the plan of Wyutex is the acquisition and implementation of its investor strategy. Exploration and development of energy resources is defined by risk. Wyutex’s strategy is simple and well defined in order to limit the risk involved. First, provide investors in the company with security of their investment while providing a return. Second, operate the field efficiently to maximize profits. Third, establish a network of broker dealer relationships to offer participation in the company’s drilling program. Fourth, allow, at the option of the investor, the opportunity to convert their debt position in the acquired field into a position of equity based on the valuation of the operating company’s financials.

By implementing this plan, Wyutex will be given the opportunity to operate and development the company’s resources while the investors will have a secure investment with positive returns and have the opportunity to participate in the significant equity upside of a pre-publically traded upstream oil and gas company.

Products / Services

Oil and Gas Production

Wyutex Oil & Gas, LLC is a privately held upstream oil and gas company. The current strategy of the company is to acquire an appropriate field with operations that provides current production and revenue. It should provide upside to the company with offset and infield drilling as well as efficient operational management thus reducing the risk of drilling and maximizing the production of the existing wells. The long-term strategy of the company is to deliver a publicly-traded company with long-term production and reserve growth by building a performance driven energy portfolio. The company’s strategy is achieved through a balance of oil and gas plays with downside hedges and upside price appreciation, vertical integration of services to positively impact bottom line revenue, active participation from the vast experience of the company in developing company direction and strategy, and actively pursuing exit strategies from fields that have been drilled and optimized.

 

Management

Managing/Manager Executive Officer
Alan Keate

Mr. Keate began his career as trader for American Express Financial Advisors from 1998 to 2001. In 2001, he formed and managed Monarch Secure Capital, an investment holding company. After the divestiture of Monarch Secure Capital, Mr. Keate joined thinkorswim in 2004, a Chicago based company, as an energy derivatives expert and left the company in 2008 as the portfolio manager and energy derivatives trading instructor. He currently is the Managing Partner of Wyutex Energy Service, LTD., an oilfield service company that specializes in the construction, maintenance and operations of enhanced oil recovery. He is responsible for the implementation and execution of the Wyutex Oil and Gas entrance into upstream oil and gas operations.

Executive Vice President Operations
Brent Dobyns

Mr. Dobyns began his career working for Diamond Offshore Drilling operating the Gulf of Mexico. From 2001 to 2006, he worked as a contractor for BP in the Jonah Field of Wyoming, managing all on-site completion operations and construction and consulting on the optimization of wells for BP operators. Mr. Dobyns joined Wyutex in 2006 as the General Manager of Operations responsible for construction, operations, and well optimization. Mr. Dobyns will oversee the optimization, maintenance and operations of the Wyutex Oil and Gas wells.

News / Links

Contact Information:

Managing/Manager Executive Officer - Alan Keate

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