Tom Shoemake

Tyler, TX (USA)
Role(s):
Founder/Owner/Principal

Shoemake Enterprises L.L.C.

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Location: Tyler
Industry: Energy
Year Founded: 1990
Number Employees: 1-10 people
Description: Oil & Gas investment company. I buy interest in wells that have proven reserves and need to be brought back on line to produce. The larger oil & gas companies do not want to produce these wells because they are deamed marginal or not major producers. For a small company 40 to 50 barrels of oil per day with a low operating budget can prosper in these ventures. My company farms out these wells from major companies, Cheseapke, Petro-Lewis, Exxon etc. and thrives on the revenue where the larger companies consider the wells non-commerically viable.