With our lean operating structure, we are well-positioned to succeed in this competitive market. Alpha utilizes the expertise of our staff to identify drilling prospects and producing properties for acquisitions. We will employ the newest technology in new exploratory drilling, infill drilling and tapping bypass or uphole pay zones in older producing fields.
Through detailed geological and engineering analysis on established producing properties with the intent to recomplete existing wellbores and drill new wells, Alpha identifies prospects that have either been overlooked or are not big enough for larger companies. These properties may be acquired with limited capital exposure – but still offer upside drilling or development opportunities. Recent advances in drilling technology allow significant gains from older producing properties.
Oil and gas prices have risen dramatically in recent months. Alpha’s recent acquisitions were largely negotiated before the price upswing took place, which fortunately allows us to take full advantage of the upside. The world is transitioning away from fossil fuels, but they will continue to be the dominant fuel for over a decade to come and a key component beyond that. Alpha has no corporate debt and is poised to grow into a space that is receiving little attention from majors and large independents.
With our team of seasoned oil and gas industry professionals, asset managers and financial advisors, we focus on acquiring Oil and Gas Leases and producing properties with proven, undrilled opportunities. Our lean operating structure well-positions us to succeed in this competitive market. Alpha utilizes the expertise of our staff to identify drilling prospects and producing properties for acquisitions. We will employ the newest technology in new exploratory drilling, infill drilling and tapping bypass or uphole pay zones in older producing fields.