Steve Stengell is President CEO of Encore Energy, Inc. and specializes in lease acquisition and development of the Utica Shale play and other oil and gas projects in Ohio.
Ohio Rose Run Sandstone Production and Drilling: Encore currently represents a producing Rose Run Field (2,500 Acres) in Central Ohio with existing oil production of ~17,000 – 20,000 BO/YR (PDP, PUD & PROB) and 15 – 20 drill site locations, extensive G & G including 2D/3D seismic, multiple-well water disposal system and first-class field operations. Asking Price $7 million
Utica Shale Properties: Encore represents ~10,000 HBP acres (6,000 – 12,000 additional add-on acres) in Washington, Athens and Meigs counties, Ohio with extensive well data confirming potential in the Utica Point Pleasant and the deeper Trenton Limestone, Beekmantown Dolomite and St. Peter Sandstone. Shallow production and SWD operations included. Encore also has select acreage tracts in Guernsey, Noble and Morgan counties also available for lease. Asking Price $1,000 – $5,000 / Acre
Mr. Stengell and Encore will be presenting these and other potential joint venture and investment opportunities at Booth 914 at East NAPE 2013.
For more detailed due diligence information, contact Steve Stengell at 270.842.1242, ext. 221 or by e-mail at [email protected]