Gary Bell

Converse, LA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)

JL Shoalmyer Operating Company, Inc

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Location: Converse
Industry: Energy
Year Founded: 1984
Number Employees: 1-10 people
Description: JL shoalmyer Operating Company, Inc is a operating and currently the Holding company for a 600 acre Oil/Gas Field in Converse, La just south of Shreveport, LA. The field has 53 wells drilled, 15 with equipment ready to produce oil/gas. There are 8 of the 15 currently producing +/-16 barrels or oil per day. We are currently looking to put on the rest of the 30-45 wells on at a cost of 13k per well ($390k - $585K total)the production would range between 50 to 100 barrels per day or at $60 oil prices between $600k - $1mil per year with about a 25% operating cost.