Ledger Petroleum, LLC
Asset Manager purchases assets in a select niche of the oil & gas production business. 9 year track record 12.9% cash-on-cash returns plus growth. Need addl AUM
- Stage $1M in TTM Revenue
- Industry Industrial/Energy
- Location Abilene, TX, US
- Currency USD
- Founded October 2004
- Employees 5
- Website ledgerpetroleum.com
Company Summary
This asset manager was launched in 2004 in response to stock market draw downs, to create steady cash-flow, manage assets and purchase interests in producing oil & gas leases throughout the US. As of December 31, 2013, we own interest in 300 producing wells in 6 states.
The investment objective is to realize operating income and capital growth primarily through the acquisition of properties with a producing history. We need expansion capital.
Team
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Managing Partner and Geologist30+ years oil & gas production & exploration business experience. 200+ wells drilled in 15 states. 300+ wells owned in 6 states. Drilled first well in 1979. Has purchased over 2,000,000 acres for exploration and production activities in North America.
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