The Company – Neo Oil & Gas Inc.
NEO OIL & GAS Inc. is a young, up and coming company in the U.S. oil and gas industry. NEO OIL & GAS Inc. was founded in February 2011, while the company’s preliminary work dates back to 1990.
The core business of the company is reactivating previously developed and existing oil and gas fields. Based on the latest and newest drilling and production technology, as well as an improved infrastructure, we are able to optimize the production from these oil wells.
Numerous documentations are proving the existence of huge oil and gas reserves on the U.S. mainland. Our purpose is to process the traditional deposits and not the technically complex developing of oil sands or shale gas. During the past 20 years, we located systematically, in close collaboration with our American partners and a team of specialists, more than 1,000 geologically advantageous projects. Those projects were reviewed and evaluated using the up to date technology. In the past, those proven and localized oil deposits were not lifted, because the leading oil companies focused their business on other areas of the world where the development and production costs were lower.
6 Key Success Factors
NEO OIL & GAS GmbH has already created enormous preliminary work for today’s operative business.
In recent years, several million USD were invested to usage rights, research, laboratory costs and attorney fees, as well as travel, business contacts, etc.
In addition to the financial costs, extensive time and labor was spent to establish an excellent network. This network ultimately enables the gateway to all projects, which are not appearing on the public-domain “radar”. The goal now is to explore, together with private and institutional investors, our selected, well promising areas, to develop them and finally lead them to production. Thus, the investors are able to siphon off the excellent profit opportunities right at the source.
As explained, there is access to a large number of projects in the U.S., mainly in the states of Mississippi, Alabama, West Virginia and Texas. The portfolio contains the whole range of opportunities: already producing oil and gas wells, “Re-entries” (reversion to earlier production) or “Wildcats” (whole new exploration), etc. Our focus is on the “Re-entries”. The different projects are tailored to each investor. Smaller projects require capital needs from $3 million. Larger, so-called “Company Maker Prospects” require a total investment of a two- or triple-digit million USD range.