Participation in oil and gas development projects can yield significant, tax-advantaged business opportunities. However, businesses and private participants should only work with oil and gas companies that have performed the necessary due diligence before beginning a project. Due diligence should be conducted in three areas, beginning at the mechanical level. Oil and gas operations require an extensive amount of machinery to drill thousands of feet beneath the earth’s surface and obtain the natural resources trapped there. The smallest malfunction in an on-site machine can result in weeks or months of lost drilling time. Similarly, the sites themselves must be thoroughly researched. Risks can be mitigated by focusing on areas with successful drill rates and previously established operations, but due diligence must be performed before every project begins to ensure that the area is still valuable and drillable. Finally, some due diligence must be performed on the part of the participant. Participants should only work with companies and individuals they trust and who have demonstrated past success in oil and gas exploration, development, and drilling.
Sentry Energy Production, LLC, is a privately held company devoted to the exploration and development of gas and oil reserves. Projects only begin after the proper due diligence is performed. Sentry Energy Production, LLC, consistently seeks out partners looking to diversify their portfolios.
Participation in oil and gas development projects can yield significant, tax-advantaged business opportunities. However, businesses and private participants should only work with oil and gas companies that have performed the necessary due diligence before beginning a project. Due diligence should be conducted in three areas, beginning at the mechanical level. Oil and gas operations require an extensive amount of machinery to drill thousands of feet beneath the earth’s surface and obtain the natural resources trapped there. The smallest malfunction in an on-site machine can result in weeks or months of lost drilling time. Similarly, the sites themselves must be thoroughly researched. Risks can be mitigated by focusing on areas with successful drill rates and previously established operations, but due diligence must be performed before every project begins to ensure that the area is still valuable and drillable. Finally, some due diligence must be performed on the part of the participant. Participants should only work with companies and individuals they trust and who have demonstrated past success in oil and gas exploration, development, and drilling.
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Sentry Energy ProductionAs the U.S. government and its residents attempt to become less dependent on foreign oil and gas, oil and natural gas exploration and development firm Sentry Energy Production LLC seeks out reserves in the most efficient manner. Archives
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