Mark Patrick
Tulsa, OK (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Patrick Petroleum & Patrick Energy Resources, LLC
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Startup
Location:
Tulsa
Industry:
Energy
Year Founded:
2017
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Previous (25 years) NYSE (symbol PPC) E&P upstream Oil and Gas Company, now privately held. Proven track record with 90+ years management experience in finding oil and gas. Successful history as forerunner in emerging oil and gas plays. Current project has low entry cost and risk profile. Shallow oil field with multiple pays zones and offsetting proven reservoirs in trend. Sold several interests to industry investors and have a portion of remaining interest still available. Exceptional tax benefits for YE-Q4 write offs. Projected CF payout in months not years with ROI est.@ better than 6:1. Executive Summary can be supplied upon request. While mainstream capital has focused on high entry price resource (shale) plays, we have quietly acquired leasehold positions in what we see as a next sleeping giant opportunity.