Encore Energy Inc

830 Fairview Ave, Bowling Green, Kentucky, United States | Oil & Gas

Encore Energy Inc’s focus is the drilling, completion and production of shallow oil projects in Western Kentucky while planning horizontal non-conventional gas/liquids projects for the future.The Company’s key experience is in the areas of lease acquisition, drilling, completion, production operations for crude oil, natural gas and natural gas liquids in the Eastern US.Encore’s immediate focus is targeting 'New Field' discoveries for oil projects in Kentucky. The US government provides qualified industry investors with the ability to deduct 100% of their investment in oil and gas against ordinary income. The Company currently has approximately 15,000 shallow oil and New Albany Shale gas lease acres secured in western Kentucky. The company is targeting the future potential acquisition of 50,000 lease acres. While many other companies in the oil and gas industry are shutting their doors, Encore is acquiring assets, drilling multiple well projects to prove-up acreage and creating an 'platform' to bring in investment from larger E & P companies in the future.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). Encore attempts to mitigate this risk through the diversification provided by its multiple well drilling programs. Encore serves as the bonded well operator and lease owner for each project providing each partnership with direct control of operations. The Company's partnerships 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.Encore is a bonded well operator with the state of Kentucky and a bonded saltwater disposal well operator with the EPA. The Company's objective is to optimize production and maximize petroleum reserves, while minimizing the environmental footprint of each project. 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 the environment. This reclamation regularly includes the seeding and cultivation of the Kentucky CRP (conservation reserve program) in certain lease areas. Encore is a proud member of the IPAA Independent Producers Association of America, Kentucky Oil and Gas Association, Bowling Green Chamber of Commerce, Society of Petroleum Engineers and American Association of Petroleum Landmen.

Company Details
Company NameEncore Energy Inc
Business CategoryOil & Gas
Address830 Fairview Ave
Bowling Green
Kentucky
United States
ZIP: 42101
PresidentSteve Stengell
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA

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