New
Century
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Oil & Gas Investor Article February 2009
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New Century is a Houston-based Independent energy company engaged in the development of natural gas in Texas and Louisiana. The company’s goal is to grow its oil and gas reserve base through drilling and acquisition. New Century has a strong track record and operates multiple wells in Texas and Louisiana.
Discovery in Colorado County, April 2009
Making this all possible is a motivated group of geoscience experts combining skill and the latest technology to identify, drill and produce new energy supplies. The exploration team includes Geologists, Geophysicists, Landmen, and Engineers - plus leadership with the proven skill and foresight for success. They have a long history together, share strong ethics, and follow their time-proven formula for success.
Wise energy investments offer a timely opportunity for growth and cash flow. The U.S. rig count has fallen more than 50% and drilling costs are extremely low. New Century is growing its reserves at these low costs and hopes to ride the commodity price cycle up in the coming inflation. It is making every effort to keep operating costs at a minimum and improve the bottom line on its wells.
New Century has made two discoveries in 2009. The company's operations encompass the Gulf Coast, and Ark-La-Tex trends of Texas and Louisiana, aided by its 6,500 square mile 3D seismic database.
New Century's core beliefs and practices include good stewardship of the land and a commitment to preserve the natural environment. It takes great care to leave the land in as good or better condition after its activities than before. A Native American proverb says it best "We do not inherit the earth from our ancestors, we borrow it from our children." NEW CENTURY EXPLORATION, INC.
New Century's focus is natural gas, a plentiful gift bestowed by nature millions of years ago. Clean, affordable and abundant natural gas provides power with respect for the air we breath and water we drink. Each oil and gas well involves complex operations, coordinated services, and creates work for 200 people or more. Take a front seat at this video and learn all about drilling operations.
Teamwork from prospect to pipeline 98% of our natural gas is produced here, versus only 65% of our oil, the rest of which is imported. Either way the value stays in our country. Natural gas usage is likely to grow in use for electrical generation as well as transportation. Many cities and businesses are converting their vehicle fleets to natural gas and private use is coming.
AREAS OF FOCUS AND OPERATIONS
Key Trends Where New Century Is Active
The success ratio of natural gas wells has been greatly improved by technology. Hidden traps can often be identified using 3D seismic that highlights natural gas' distinctive signature. Sound waves sent deep into the earth are analyzed by highly sensitive equipment which can detect gas reserves through subtle changes in the fluid contents of the rocks. New Century screens thousands of square miles of 3D seismic data for new gas reserves using advanced processing and exploration techniques. The results are more efficient development, less risk, and higher profits. In many areas gas-bearing shales covering hundreds of square miles can now be produced using new technology including horizontal drilling, fracing, and completion techniques.
New Century extends its reach through strategic alliances. It employs a portfolio investment strategy to maximize growth and returns from oil and natural gas investments. Cost projections are low and reliable using turnkey drilling contracts, with reputable contractors, vendors and suppliers.
A different way of looking at things can yield unexpected rewards
New Century places a premium on timely and accurate communications. Complete in-house and contract project management includes:
New Century's operations are funded by oil and gas revenues along with joint venture participation with qualified investors and industry companies. From time-to-time reserve sales make take place to improve investment goals. Acquisitions of oil and gas assets are sought where increased value is likely through additional production and development.
The information on this page is for informational purposes only and is not a solicitation. Our expert team has been successful in lowering the risks and costs associated with drilling for oil and gas while maintaining consistent reserve growth. Thanks for your interest and please contact us at info@newcenturyexp.com for further details or opportunities. |
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