Our strategy is simple and straight forward; we work diligently to source and close quality, original opportunities... one at a time.
Texas Opportunity Fund
Texas Opportunity Fund is a private company with the goal of assembling, through acquisition and development, a portfolio of commercial real estate and oil & gas assets to be held long-term.
Acquisition Strategy
Acquire mature oil and gas assets with the following characteristics:
- Stable, long life production with shallow decline rates of 10%/year or less
- Project level payout of ~5 years
- Acquire only those assets where the majority of the value (80%+) is attributable to current production
- Long reserve life (15+ years of production remaining)
- Low risk, work-over and/or production enhancement opportunities to generate additional production / cash flow
- Target adjacent assets /
Risk Mitigation Strategy
Measured and conservative approach to evaluating acquisitions
- Acquire quality assets, that are immediately cash-flowing
- Focus on high percentage PDP assets with proved, low-risk upside potential
- Reduce commodity price and interest rate risk through hedging with established industry experts
- Geographic and commodity diversity across multiple basins
- Conservative pricing expectations in the evaluation process
- Leverage professional operators expertise
- U.S. onshore only
- Conservative use of low cost senior secured debt
