1/8/2024 0 Comments Encore energy svc inc hr![]() An offer shall only be made pursuant to SEC Regulation D, Rule 506(c) by a private placement offering memorandum, and this is not a private placement offering memorandum.International SCAC Listing Carrier 3D TRUCKING 4 WAY TRANSPORTATION 5SQZ A & B FREIGHT FREIGHT LINE LINE INC A & R TRANSPORT TRANSPORT INC A & T TRUCKING TRUCKING CO A C DISTRIBUTING DISTRIBUTING CO A C E COURIER COURIER SERVIC SERVIC A D TRANSPORT TRANSPORT EXPRES EXPRES A DUIE PYLE INC A J WEIGAND WEIGAND INC A M EXPRESS EXPRESS INC A M TRANSPORT TRANSPORT A N DERINGER DERINGER INC A ONE (1) PICKUP & D A S A P EXPRESS INC A TRANS DELIVERY SER A X I ROAD ROAD A.B.C. This is not an offer to sell or buy a security. It is important for qualified investors to acknowledge the fact that the US government provides them with tax savings (100% IDC tax deduction) to mitigate or at least off-set some of the financial risk associated with domestic oil and gas investments. The Company's lease acreage position under is subject to change and includes acreage under lease, Farmout agreement, verbal agreement, renewals, expired terms and any other prospective acreage in which the Company has communicated and/or negotiated with the landowner the leasing of oil and gas rights, now or in the future, and the lease / mineral owner has leased or communicated their intent to lease there mineral lease rights to the Company. In the event that commercial production is achieved, it may take many years for the investor to recoup his or her investment. Actual production and results are beyond the control of management. No assurances can be made as it relates to reserves, production, income, profit, prices, timelines and/or other estimates. generation,Energy,Energy security,Energy security of India,Mundra Solar PV. It is impossible to accurately forecast profitability, production, reserves, income, expenses and timelines for any project. Any tax and/or other information herein is provided for illustration purposes only and may include estimates that are uncertain and subject to change. The Company does not provide tax advice and investors should seek the advice of their tax professional. Oil and gas investments involve a high degree of risk, uncertainty and are only suitable for qualified Accredited (SEC Definition) investors who are sophisticated in making business decisions and can bear the financial loss of their entire investment, while delivering a turnkey profit to the Company for proving the prospect development, lease acquisition, drilling, completion, engineering and ongoing production operations. Forward-looking statements are made based upon Management's current expectations and beliefs concerning future developments and their potential effects upon Encore Energy, Inc. Words such as "estimate", "will," "intend," "continue," "target," "expect," "achieve," "strategy," "future," "may," "goal," or other comparable words or phrases or the negative of those words, and other words of similar meaning indicate forward-looking statements and important factors which could affect actual results. 224.Īssumptions, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. Qualified SEC defined accredited investors can deduct 100% of their investment against all forms of income with years of potential income from production.įor more information, please contact Joseph Hooper at (270) 842-1242, ext. ![]() Although reliable production information is not available for the Berea play, at this time, we believe that ~30000+ barrels of oil equivalent (BOE) is a validated and realistic first-year per well production target, added Stengell. “We are extremely pleased with the reservoir quality and future production potential we have seen from our vertical test, and are excited about horizontal well operations, said Steve Stengell, Encore’s President CEO. The Hedron platform of fixed cutter PDC drill bits combines state-of-the-art technology with an industry-leading customization process. Berea oil production from Lawrence County, Kentucky represents nearly 25% of the states total annual oil production. Halliburton Chairman, President and CEO talks about his career and innovation in the energy industry. Horizontal Berea oil wells in this area have reportedly averaged in the range of ~100 - 150 BOPD over the initial 90 days of production where the well development costs are significantly lower, as compared to other plays across the US. The breadth of our global reach and depth of our expertise accelerate customer success by bringing people, ideas, and technology together to solve real-world business problems. is currently drilling multiple vertical top-holes to test the Upper Devonian Berea Sandstone off-set to verified, proven production. Black Box ® is a trusted IT solutions provider delivering cutting-edge technology solutions and world-class consulting services to businesses around the globe. In preparation for horizontal well operations, Encore Energy, Inc.
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