Spencer Barton

Fresno, CA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)

Top Flight Oil and Gas of California, LLC

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Location: Fresno
Industry: Energy
Year Founded: 1992
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: Limited Partnership
Description: Our proposed drilling site is located within Kern County, California- an oil producing area considered to be one of the highest yielding in the world. It has a track record of continuous production dating back to 1910, produces 10% of United States oil, and ranks #3 out of the top five largest oil fields in the U.S. If it is any indication of production potential, our neighboring oil fields belong to major oil companies, such as Chevron, Shell, and Exxon-Mobil. Top Flight Oil & Gas of California, LLC is excited to learn of your interest in joining our energy management project. We would like to share with you the advantages our opportunity has to offer, including the full business plan, informational videos, discussion of lucrative tax advantages, and more. Top Flight Oil and Gas of California, LLC is being formed to participate in the drilling of two developmental oil and gas wells on a 160 acre parcel of land that abuts properties held by large multinational oil companies which could accommodate up to 32 viable well sites in subsequent phases. These two wells are slated to be drilled in succession with a single rig during the months of December and February 2012, drilled to a maximum depth of 8,500 feet. We welcome each investor to secure as many shares as they like, however we will be restricting this opportunity to no more than 28 accredited investors. Each share is being offered at the subscription price of $100,000.00 with a 1.71% interest in each well. Once all phases of the Subscription amount are met and accepted, the investors will acquire a 60% working interest for each of the two wells. The Managing Partner has reserved the right, in its sole discretion, to accept Subscriptions of more or less than one (1) share. The Subscription Price will be payable in full upon the execution of the Subscription Documents by a prospective investor. Future development would involve the use of additional parcels – totaling 853 acres that we have leased over the last 20 years. Up to 170 wells could be placed on the properties we’ve targeted. This first piece of land has been identified as the best parcel on which to operate. Start-up shareholders will receive right of first refusal to invest in each future well site the LLC undertakes, each in an amount up to the initial investment. Future development pertaining to the first 170 wells would have an estimated completion date of 2015.. Find out why our project site, energy experts, and growth opportunity are an exceptional value in comparison to the volatility of traditional investments, and why Kern County is one of the largest energy producing areas in the country. Please visit our website at: (URL removed) Kent Barton (Phone # removed)Spencer Barton (Phone # removed)