In this world where Oil is King next to cash, it would be a really big success if a new petroleum source is unearthed. However, finding a good source of petroleum is hard, expensive, and time-consuming. Moreover, exploring the source and finding a safe and cost-effective way to extract the petroleum product is a harder task. Gulf Coast Western, LLC. CEO and President Matthew Fleeger find this challenge worth it and teamed up with other companies for gas and oil exploration.
Based on Southwestern Louisiana, Gulf Coast Western is one of the biggest gas and oil companies in the country. With the aim of gas and oil exploration, the company acquired the Orbit Energy Partners. This made the company gain access to a lot of prospective petroleum sites, which include Acadia, Beauregard, Cameron, Evangeline, Allen, and St. Landry parishes. Because of this acquisition and the sites that they gained, it is expected that the Gulf Coast Western will unearth more fuel resources. Gulf Coast Western already have exploration going on, which was made possible because of the acquired producing wells in Louisiana. Currently, the Zachry Exploration, LLOX, Union Gas, and the Neumin Production is expected to produce 800 barrels of oil daily.
A Dallas-base company also became a partner of Gulf Coast Western. The two company is currently expanding the operations in Shoats Creek Field in Beauregard to accelerate the operations. The site is currently producing more than 4 million barrels of oil which were from multiple Wilcox formation sand. Gulf Coast Western currently holds 50% of working interest and assets in the operation at the Shoats Creek Field, including the Lutcher Moore that produces 100 barrels of oils per day. They also has working interests in Wilcox, Frio, and Cockfieldformations.
Gulf Coast Western is currently focusing on the sites that have been acquired or is leased for further exploration. If these explorations are successful, profit and another fuel source are assured. The company is also trying to find more regions of the US that are potential sources of oil and gas. Because of their ventures, the company managed to amass support in the form of partnerships and collaborations from the whole country.
The firm’s operations are being managed by the expert Matthew Fleeger. He is a well-renowned personality whose strength lies in strategic planning, contract negotiation, and a strong sense in entrepreneurship. Before becoming the face of Gulf Coast Western, he led MedSolutions, Inc.