We unlock maximum value from mature energy fields through targeted conventional and secondary recovery.
Bottineau County, ND
The Newburg-Spearfish-Charles Unit, located in Bottineau County, North Dakota, is a long-standing oil field established to target the Triassic Spearfish and Mississippian Charles formations within the Williston Basin. First developed in the mid-1950s, the unit is largely secondary in nature, having transitioned to secondary recovery methods—primarily waterflooding and targeted injection wells—to maintain reservoir pressure and sweep remaining crude from the complex unconformity trap. Over the decades, operations have involved converting vertical wells into injectors and utilizing horizontal drilling to efficiently extract mature reserves.
Williams County, ND
Located in western North Dakota along the Canadian border, Williams County sits at the geographic and structural heart of the Williston Basin. It is widely considered the birthplace of North Dakota’s oil industry, dating back to 1951 when Amerada Petroleum struck oil on the Nesson Anticline—a major structural fold in the basin running through eastern Williams County.
Williams County Bakken crude is a high-quality, light-sweet oil with low sulfur content. Unlocking the play requires initial high-pressure stimulation, which yields strong initial production (IP) rates followed by steep early decline curves. After the first few years of flush production, wells transition into long-life, low-decline tail production that can generate steady cash flow for decades.
Hardeman County, TX
Our assets sit in a mature, conventional oilfield under active secondary recovery — a waterflood that's kept production stable and low-decline for decades rather than relying on new drilling. That's a clean example of the mandate at work: we're capturing durable, well-understood cash flow from a field that has already proven its geology, not betting on exploration.
Natrona County, WY
The Salt Creek Unit north of Casper is one of the oldest and most storied oil fields in the Rocky Mountains. The unit has produced since the early 1900s from the Wall Creek sandstones of the Frontier Formation. Today it runs as a CO2 enhanced oil recovery flood that keeps a century-old reservoir producing with steady, predictable decline. The position is on federal leases, operated by Aethel Energy Rockies, and reflects our focus on long-lived conventional and secondary/EOR assets.
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