Rob Schermerhorn
Argyle, TX (USA)
Role(s):
Founder/Owner/Principal
Schermerhorn Oil Company
Find More Startups
Startup
Location:
Argyle
Industry:
Energy
Year Founded:
2007
Number Employees:
1-10 people
Description:
Schermerhorn Oil Company owns producing oil & gas mineral interests, and coordinates with affiliated mineral owners to maximize revenue generation.
We require funding to acquire additional mineral and non-operated working interests. These are producing interests, located in long-lived fields located principally in Texas, Oklahoma, Louisiana and New Mexico. Focus specifically is on the Permian basin region of West Texas.
Mineral aquisitions are via auction; target properties prices range from low 5-figure to high 6-figure. Our bids are capped as a function of current and projected production revenue.