Doughtie Exploration

Doughtie Exploration is an independent energy company engaged in the exploration, development and acquisition of natural gas and crude oil – Onshore Texas. The company has developed a strong network of relationships within the oil and gas industry and typically partners with companies with common goals in this region.The company, under the principals of David Doughtie and Bob Speer, has developed a recognized expertise in five major oil and gas trends, which include the Yegua, Vicksburg, Wilcox, Cretaceous and Jurassic formations in Railroad Commission District 1, 2, 3, 4, 5 and 6. The company has significant interest in leasehold and working interest throughout this region.

Doughtie Exploration Company was founded in 1997 under the principal of David Doughtie.Doughtie typically seeks long-term partner(s) to explore for and develop oil and gas reserves, Onshore Texas. The emphasis is placed on the Vicksburg, Yegua, Wilcox, Cretaceous and Jurassic formations covering all or part of Railroad Districts 1, 2, 3, 4, 5 and 6. The partner(s) will be exposed to opportunities to drill for and/or purchase reserves.Doughtie maintains a seismic intensive exploration and development strategy that implements the following (in order of importance): 1) generate both 2-D and 3-D prospects, 2) screen outside submittals, 3) pursue joint ventures with other oil and gas companies, and 4) selectively pursue acquisitions.The primary strategy focuses in South and East Texas because of the company’s considerable experience and expertise in drilling ventures in this area. Several South Texas discoveries for which David Doughtie and Bob Speer are responsible for or affiliated with include Bob West, N. E. Thompsonville, Escobas, McAllen Ranch, Mott Slough, Golden Plow, Mujeras Creek, and El Gato. The caliber of these fields clearly suggests to Doughtie that significant reserves are still to be found in the province.To compliment the company’s generating effort in South and East Texas, screening outside submittals, pursuing joint ventures with other oil and gas companies, and selectively pursuing acquisitions will provide for a focused and balanced exploration and development strategy. Once development is complete, it is of this company’s opinion that by divesting of the property, one can achieve the property’s highest present value.