Petralis Energy Resources is a Texas based E&P company focused on the development of conventional & unconventional oil and gas prospects in Texas and the Gulf Coast region.
The Petralis Energy Resources team has a proven track record of identifying, developing and monetizing oil & gas assets in our focus area and a history of successfully working together as a team.
Petralis Energy is seeking a long-term relationship with an investor to participate in projects that meet the following criteria:
–Legacy producing fields with exploitation and enhanced recovery opportunities;
–Low OpEx plays with high oil content and rich gas;
–Returns greater than 15% with current commodity prices;
–Pre-existing infrastructure, or limited capital required to bring products to market;
–Moderate acreage position with stacked pay (bail-out zones);
–Business partnerships with owners of high-quality assets