Our Heartland Production and Recovery expert oil and gas staff has over 70 years of combined experience of success and brings a wealth of knowledge in finding and maintaining producing oil and gas fields, mainly in Texas. Our ability to tap into independent operators, petroleum engineers and petroleum geologists helps keep Heartland on the leading edge of acquiring producing oil and gas fields.
Heartland’s primary strategic objective since inception has been the acquisition and development of proven producing properties. Since then, we has identified over 5,000 candidate wells that meet our strict criteria for viable projects and as such may be acquired.
Heartland’s corporate strategy takes advantage of mature properties divested by larger oil and gas firms, who are now concentrating on new, higher risk drilling opportunities. Mid-size and major oil companies, with a higher overhead and production cost, have changed their focus to more capital-intensive, new drilling, international, and offshore projects!
Heartland, as a private oil & gas entity, does not carry the elevated overhead of larger oil and gas companies, thus lower development and per barrel lifting costs allow us to achieve higher profitability from wells that have fallen out of favor with their current owners.
How It’s Done
heartland’s primary strategic objective, since inception, has been the acquisition and development of proven producing properties and our corporate strategy takes advantage of mature properties divested by larger oil and gas firms, concentrating on new, high risk, drilling opportunities. However, Heartland seeks to make prudent purchases of existing reserves that will allow for significant yields over a period of 15+ years.