Encore has facilitated multiple transactions with major Utica Shale operator(s). Stengell also has extensive experience in oil and lease acquisition, production acquisitions / divestitures of the Utica Shale play of Eastern Ohio. Stengell has extensive investor relations and SEC compliance experience for private and public investors. The Texas Woodbine horizontalWallrath #1H produced 58,000 BO in its first year and was later reportedly acquired by Halcon Resources. Stengell is responsible for supervising horizontal discoveries in the Georgetown Buda (gas / liquids) and Woodbine Sand of Texas (oil) along with shallow oil and gas developments in northern Oklahoma. Stengell served as an operator in both Texas and Oklahoma.
#ENCORE ENERGY PARTNERS OPERATING LLC FULL#
The company maintained audited financial statements, full material disclosure (highest rating from ) to private and public investors and achieved a record stock price/volume with $27 million in annual revenue during Mr. Stengell is the former President CEO of publicly traded E & P Company with 50+ employees. Stengell’s current focus is the horizontal well development of the Berea Sandstone in Eastern Kentucky. and specializes in oil and natural gas lease acquisition, exploration and production in Kentucky. Steve Stengell is President CEO, Chairman and the Founder of Encore Energy, Inc.
Encore is also very proud of the economic impact the Company is making is some of the more rural and impoverished areas of Appalachia. This offering memorandum contains extensive information regarding the proposed operations, including but not limited, to risk disclosures, financial information, production estimates, petroleum geology / engineering, executive management, production support information, estimated use of proceeds, investor confidentiality / privacy policy, turnkey agreement, AFE, insurance, bond, regulatory, etc.Įncore’s management encourages each investor to tour Encore’s corporate office and its field operations in Kentucky to see the Company’s operations, first-hand.Įncore is proud of the relationships it has built with mineral owners, landowners, contract drillers, geologists, well service companies, engineers and many other successful oil and gas operators, persons and organizations in the state of Kentucky. Encore and/or its management is a proud member of the Kentucky Oil and Gas Association and Bowling Green Chamber of Commerce.Įncore provides each prospective SEC defined accredited investor with an offering memorandum pursuant to SEC Regulation D, Rule 506(c). Encore complies with all state and federal regulatory requirements regarding the drilling, completion and production operations and works directly with its landowners to insure that reclamation is performed in such a way that protects and restores the environment. The Company’s objective is to optimize production and maximize petroleum reserves, while minimizing the environmental footprint of each project. The Company’s projects are designed to provide qualified participants with monthly income, real-time reporting, transparency, asset protection, maximum tax benefits and relatively low-cost drilling operations, as compared to similar oil and gas projects across the domestic US.Įncore is a bonded well operator with the state of Kentucky and a bonded saltwater disposal well operator with the EPA and Kentucky. Encore serves as the lease owner and operator for each project providing each partnership with direct control of operations.
The actual results for each project may vary and are beyond the control of management.Įncore attempts to mitigate risk by utilizing the latest advancements in horizontal well technology. Encore can make no assurances, promises or guarantees as it relates to projected or estimated production volumes, rates, reserves, revenue, income, profitability, expenses, timelines and/or any other estimates. Oil and gas exploration and development involves a high degree of risk and is only suitable for sophisticated high net worth Accredited investors (SEC Definition), who can afford the loss of their entire investment. While many other companies in the oil and gas industry are shutting their doors, Encore is acquiring assets and drilling multiple well projects to prove-up acreage to create a “platform” and bring in investment from larger E & P companies in the future. The US government provides qualified industry investors with the ability to deduct 100% of their investment in oil and gas against ordinary income in year one. Encore’s immediate focus is multiple horizontal Berea oil projects in Kentucky. is a fully integrated oil and gas exploration and production company that controls all facets of operations, including but not limited to, lease acquisition, prospect development, engineering, drilling, completion and production operations.
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