Strand Energy LC

Description

Strand Energy, L.C. is a privately held Texas limited liability company (LLC) headquartered in Houston. Strand’s primary business is the development and production of oil and gas reserves, with assets and activities focused in several onshore basins within Texas, Arkansas, and Louisiana. The Company was formed in 1996 through the combination of certain assets from Strand Energy, Incorporated and Dolomite Resources, Inc with additional capital provided by a small group of private equity investors. Strand Energy, Incorporated was an exploration and operating company formed in 1987 by H. Kent Brock. Dolomite Resources, Incorporated, was formed in 1988 by the 10 children of George P. Mitchell as a vehicle to pursue participation in exploration and production projects. Strand is built around an experienced staff of multi-disciplined professionals who combine sound geologic, geophysical, engineering and lease acquisition skills. This staff has a wealth of experience in computer-aided exploration, 3-D seismic interpretation, reservoir engineering, and in drilling and completion technology. The combination of strong engineering and land skills is matched with geoscientists who have extensive regional focus to generate projects that target attractive returns without excessive risk. Collectively, Strand’s prospect generation staff has been directly responsible for the discovery of more than 15 million barrels of oil and 650 billion cubic feet of gas. Currently Strand has 16 employees at its downtown Houston office and additional contract personnel in the field. The Company operates approximately 80 wells within 4 primary areas of interest: the onshore Texas Gulf Coast, the Permian Basin, the western Anadarko Basin and the Ark-La-Tex region.

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