About Us
what keeps us separate and different
Maximum Return For Minimum Investment
Energist Resources, LLC owns a 100% working interest (WI) and 81% net revenue interest (NRI) on 660 acres located in Nowata County and 100 acres in Rogers County in Northeastern Oklahoma. The leases consist of 82 oil wellbores and 17 injection wells.
Energist has acquired and remediated the lease sites to bring them to the current code. We seek to raise an additional $500,000 and are offering 25 units for $20,000 per unit to rework 70 wells. The total offering is for a 30% WI which equates to a 25% NRI. Participating partners will have the right of first refusal for future phases of enhanced oil recovery on existing wells and for new wells to be
drilled on the remainder of the 760 acres of leasehold.
Behind pipe opportunities exist that once properly perforated should provide additional suitable reservoirs for development. Completion of the wells will include the refurbishment of current
downhole conditions as well as the perforation of current zones.
The wells are drilled to the Bartlesville Sands located at approximately 1180’ with a thickness of about 35’. According to a third-party engineering report, the initial flush has yielded 5 to 20 BOPD from
wells in the area. Assuming the most conservative production of only 5 BOPD from each well and $80 oil, this equates to a return of initial capital within about two months.
There are several methods of enhanced oil recovery (EOR) and newer cost-efficient equipment available today. NYKKO Development, our parent company, has strategic partnerships with providers of these technologies.
Our Awards
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Over 25 years with 12 different awards, we are extremely proud of that
Our Work
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More than 100 large and small projects are completed. It is an attempt to work with effort and passion
Member
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The team of more than 1000 engineers and leading experts are working day and night
what keeps us separate and different
Maximum Return For Minimum Investment
Particularly impressive is the industry’s track record in effectively extracting additional resources from previously discovered, older fields.
Since 1990, the vast majority of reserve additions in the United States— 89 percent of oil reserve additions and 92 percent of gas reserve
additions—have come from finding new reserves in old fields.
(Source: U.S. Department of Energy)