Our focus areas include the Permian Basin, Cretaceous Gulf Rim, and Powder River Basin. We chose these areas because of their robust petroleum systems with multiple proven source rocks and reservoirs with existing production.
These areas are attractive due to the presence of light to medium oil with deeper gas potential, horizontal drilling in early to mid-stages of maturity, and Advance Energy’s technical, operational, and business experience.
- Robust Petroleum Systems with multiple proven source rocks and reservoirs with existing production
- Room for new players
- Seeing regular, good deal flow
- Horizontal drilling in early to mid stages of maturity
- Light to medium oil with deeper gas potential