Our 5-10 year forecast is simple: aggressively acquire assets in proven areas, drill and produce as many economically viable properties without over operating, and generate between 30%-70% ROR across the board.
Fort Worth, Texas (PRWEB) October 02, 2014
- Going on their third year in business, Yohawk Energy is an ambitious and fast growing company lead by a mix of blooming executives and seasoned oil and gas industry professionals. JB Yowell, President and Founder, has focused the company’s efforts on proven areas of under developed reserves, finding marked success in a risky business. They have been tirelessly acquiring assets, developing plays, and producing oil in Northwest Texas, but their eyes are on the future.
Forecasting ahead, JB states: “Our 5-10 year forecast is simple: aggressively acquire assets in proven areas, drill and produce as many economically viable properties without over operating, and generate between 30%-70% ROR across the board. That’s a win/win model that starts one well at a time! After we’re past the ‘crawling stage,’ which is made possible by private equity partners, we will begin to stand on our own two legs and sustain business growth with internal cash flow.”
Holt Harris, Director of Business Development, adds: “We are well poised to reach out into the equity market after just a few successful years with this perfect storm of high prices and high production zones in our target areas.”
The operating entity, Yohawk Operating, LLC (TX License #947113) is a wholly owned subsidiary of Yohawk Energy and oversees operations of all the company’s producing wells. This dedicated operating entity allows Yohawk to maintain full control of well production, bringing contractor costs down and limiting operational risk.
With a combination of confidence, experience, ambition, and integrity, Yohawk Energy has a dynamic edge and plans to shake the earth for years to come.
Yohawk Energy, LLC is an independent exploration and production company engaged in the development and production of proven under-developed (PUD) natural gas and oil properties located in Texas. Headquartered in Fort Worth, Texas, the company primarily focuses on shallow to mid-range proven formations that can yield commercial production for long-term multiple ROI. Yohawk’s operating officers and employees work tirelessly to build a respected, results-oriented brand within the industry whose success benefits employees, original investors, stockholders, and landowners.
President, Managing Director
100 East 15th St., Suite 420
Fort Worth, TX 76102