Diverse and long lived investments across prolific hydrocarbon producing basins
Utah
Located in Carbon, Duchesne and Uintah Counties, Utah; Wapiti owns an interest in 42,138 net acres producing from the Green River, Wasatch/Mesaverde and Mancos formations. Wapiti believes there are over 5,000 potential wells on this acreage to be drilled when warranted by higher gas prices.
Colorado
Located in Garfield County, Colorado. 6,314 gross and 1,963 net acres in the field operated by Berry Petroleum. Currently there are 124 wells producing approximately 4,100 MCFE/D from the Mesaverde formation. Waipiti believes that the acreage holds over 400 10 acre well locations that will be economic when gas prices improve.
South Texas
Acquisition Date: Summer 2010
Date Sold: 2012
Partners: Large Private Company
Development Overview: Operational improvements
Conroe, Texas
Acquisition Date: 2000-2006
Date Sold: December 2009
Partners: Quantum Energy Partners, Laminar Direct Capital
Development Overview: Operational improvements and new wells resulted in doubling production
East Texas
Acquisition Date: Summer 2010
Date Sold: December 2012
Partners: Zell Credit Opportunities Fund, Mantucket Capital
Development Overview: Operational improvements, new wells
South Texas
Located in Garfield County, Colorado. 6,314 gross and 1,963 net acres in the field operated by Berry Petroleum. Currently there are 124 wells producing approximately 4,100 MCFE/D from the Mesaverde formation. Waipiti believes that the acreage holds over 400 10 acre well locations that will be economic when gas prices improve.
Located in Carbon, Duchesne and Uintah Counties, Utah; Wapiti owns an interest in 42,138 net acres producing from the Green River, Wasatch/Mesaverde and Mancos formations. Wapiti believes there are over 5,000 potential wells on this acreage to be drilled when warranted by higher gas prices.
Content: Acquisition Date: 2000-2006
Date Sold: December 2009
Partners: Quantum Energy Partners, Laminar Direct Capital
Development Overview: Operational improvements and new wells resulted in doubling production
Acquisition Date: Summer 2010
Date Sold: 2012
Partners: Large Private Company
Development Overview: Operational improvements
Acquisition Date: Summer 2010
Date Sold: December 2012
Partners: Zell Credit Opportunities Fund, Mantucket Capital
Development Overview: Operational improvements, new wells
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