Texas Oil & Gas Investment Opportunities
Upstream Oil & Gas Investment Opportunities for the Family Office, Registered Investment Advisor (RIA), Wealth Management & Accredited Investors | Drilling Conventional Wells in Proven Oil Fields | Strong Asset Management Team | Alternative Investments | Direct Oil Well Investments for Income and Tax Benefits.
Northern Minerals & Exploration Ltd (NMEX) is a publicly traded Texas oil company. In December 2017, NMEX launched a wholly subsidiary Kathis Energy LLC, for identifying & drilling low risk oil conventional investment opportunities in Texas. NMEX owns 100% of Kathis Energy.
Kathis Energy’s niche is to go back into abandoned or plugged out oil fields that were substantial producers and recover the significant oil reserves that was left behind. Drilling new vertical wells in these prospective areas, utilizing today’s logging and completion techniques, is a conservative approach to building cash flow with potential for significant return on investment.
The Kathis team consists of highly experienced professional men with years of experience in discovering & developing multi million barrel oil fields and are dedicated to using these same talents in building revenues for Kathis Energy by taking advantage of today’s technologies in all aspects of the oil industry. The men who lead Kathis have combined hands on experience in oil and gas of over 250 years. From the initial spudding to completed, successful wells with hydrocarbons brought to market, Kathis Energy oversees the work from the beginning to the end. Our vision is that everyone that is a partner with Kathis Energy, from the receptionist answering your calls to the drilling crew pushing pipe thousands of feet into the earth, we are a team that has one simple goal; to positively impact the lives, communities and globe we all call home.
Kathis Energy has two funding campaigns:
(1) a $5,250,000 drilling fund for 8 wells in central west Texas
(2) a $30,000,000 drilling fund for 25 wells in south Texas
Watch Video below to learn about some of our oil & gas prospects for the Kathis Energy Fund #1.
KATHIS ENERGY FUND I
Guy Ranch Prospects
The Guy Ranch is in an area where multiple productive formations are present.
The following is a list of the productive formation known to be present both on and offsetting the Kathis Guy Ranch Lease:
Flippen Sand 1,600’
Cook Sand 1,750’
Patio Sand (aka Palo Pinto Sand) 3,100’
Morris Sand 3,400’
Gardner Sand 3,900’
Guy Ranch Key Well Information
API # 42-417-36099 – IP 140 BOPD from the Patio Sand Cumulative production 27,352 BBLS
Compliance issues caused this well to be plugged prematurely
API # 42-059-07658 – IPCAOF 7,000,000 CFGPD – Cumulative production 1.4 BCF from the Morris Sand
API # 42-059-80013 – IPCAOF 8,500,000 CFGPD – Cumulative production .7 BCF from the Morris Sand
API # 42-417-37246 – Natural 20 BOPD & 40 MCFPD – Cumulative production since Jan 1993 is 64,562 BBLS and
38,284 MCF from the Gardner still producing today – drilled in the 1970’s
The Olson Prospect covers a known Palo Pinto Reef identified by three wells. Less than two
miles to the northwest of the Olson lease is the Strand Oil Field. The Strand Oil Field has produced 1,700,000 barrels of oil
from 8 wells from a Palo Pinto Reef.
The Riverside Prospects are in Runnels County, Texas near the city of Ballinger. The following is a list of the six prospective
formations known on the acreage covering the four leases with their range of recoverable reserves on a per well basis:
Gardner Formation 20-30 MBOE
Dog Bend & Lower Capps Formations 45-110 MBOE
Upper Capps & Fry Formations 40-60 MBOE
Caddo Formation 40-60 MBOE
Crosscut Formation 40-50 MBOE
Canyon Formation 48-105 MBOE
The drilling locations are direct offset wells in overlooked proven fields. These fields were discovered during the period of
1978-1982 that were never fully developed after the collapse of crude oil prices.
Tax Advantages of Oil and Gas Investing
When it comes to tax-advantaged investments for wealthy or sophisticated investors, one commodity continues to stand alone above all others: oil. With the government’s backing, domestic energy production has created a litany of tax incentives for both investors and small producers. Several major tax benefits are available for oil and gas investors that are found nowhere else in the tax code.
An investment in oil and gas drilling/exploration is now tax deductible up to 100% (95 % in the 1st year & 5% over a 5 year period) because of a combination of Section 179 and bonus depreciation.
The intangible drilling costs (IDC) deduction has been allowed in the US since 1913 in order to attract investment capital to oil and gas exploration. However, President Reagan’s tax reform along with President Trump’s January 2018 changes have made oil and gas one of the most unique and attractive investments for high income, high net-worth individuals looking for tax write offs and current income. For small independent drillers, the IRS allows 15% of that income to be received by investors income-tax free at the federal level.
Visit the Kathis Energy website to learn more: https://www.kathisenergy.com/
Call us at (833) 528-4471
REGULATION D 506(C) MANDATED LEGEND
Any historical performance data represents past performance. Past performance does not guarantee future results; Current performance may be different than the performance data presented; The Company is not required by law to follow any standard methodology when calculating and representing performance data; The performance of the Company may not be directly comparable to the performance of other private or registered funds or companies; The securities are being offered in reliance on an exemption from the registration requirements, and therefore are not required to comply with certain specific disclosure requirements; The Securities and Exchange Commission has not passed upon the merits of or approved the securities, the terms of the offering, or the accuracy of the materials.
Forward Looking Statements: Statements which are not historical facts contained in this release are forward looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers’ preferences and trends. The words “estimate,” “possible,” “seeking,” and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. The information herein is subject to change without notice. Northern Minerals & Exploration Ltd. shall not be liable for technical or editorial errors or omissions contained.