The company was founded and is currently operated by one of the industry’s most experienced, oil and gas executives, Tom Griffin. Santa Fe’s President & CEO, Tom Griffin, has an established track record that proves he knows how to grow a company from an entrepreneurial start-up to a successful producer. With his most recent Jr. oil exploration company, Tom Griffin managed to attract $64 million in private capital which he turned into a $194 million company, rewarding investors with a 204% ROI.
Santa Fe has a technical report written by a top-notch engineer who is one of the experts on reservoir analysis in Texas shale plays. According to the report, Santa Fe could realize a recovery rate on its Barnett Shale options of thirty-seven percent (37%) or more.
As of September 2012, Santa Fe Petroleum has access to a number of leases in the Southern region of the Bend Arch-Fort Worth Basin in Texas. This is a newly-researched area in the Barnett Shale that has become a prime focus for Santa Fe Petroleum.
The company also has identified leases in the same area totaling approximately 1,704+/- acres (including a 76+/- acre test well
location) in the Marble Falls formation.
SFPI - Baby All OTC
$SFPI Santa Fes objective is to seek out undeveloped oil and gas fields, which maybe in a trend of known producing formations. This strategy offers the unique potential for virgin reservoir pressures still untapped which greatly strengthens the opportunity to capture commercial quantities of oil and gas reserves. These potentially untapped reservoirs are typically identified through a variety of researched information through the use of technology, databases and professional analysis.
Great News for SFPI! - PLANO, TX, Jan. 24, 2013 /PRNewswire via COMTEX/ -- Northern Equity Research (NER) has released its new report on Santa Fe Petroleum (OTCBB: SFPI). The report contains a detailed discussion of SFPI's business operations, market dynamics, geological data and indicators, potential cash flows, and risks. The report is available at:
http://www.sfpetroleum.com/investor-relations/reports
Northern Equity Research notes in the report: "Hydrocarbon production from American shale formations has been called a revolution. In areas of the domestic US, such as in north eastern Texas, in the Barnett Shale and Marble Falls formations, a boom in shale oil and gas production has become a critical factor in the US domestic energy security equation, and has created excellent opportunities for early stage investors. SFPI offers investors exposure to the hydrocarbon boom in domestic US shale exploration, development and production."
Quote:
Originally Posted by cabroncita View Post
$SFPI Santa Fes objective is to seek out undeveloped oil and gas fields, which maybe in a trend of known producing formations. This strategy offers the unique potential for virgin reservoir pressures still untapped which greatly strengthens the opportunity to capture commercial quantities of oil and gas reserves. These potentially untapped reservoirs are typically identified through a variety of researched information through the use of technology, databases and professional analysis.
SFPI 2.18 only one left on the ask!
Showing mildly bullish trend.
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PLANO, TX, Jan. 24, 2013 /PRNewswire via COMTEX/ -- Northern Equity Research (NER) has released its new report on Santa Fe Petroleum (OTCBB: SFPI). The report contains a detailed discussion of SFPI's business operations, market dynamics, geological data and indicators, potential cash flows, and risks. The report is available at:
http://www.sfpetroleum.com/investor-relations/reports
Northern Equity Research notes in the report: "Hydrocarbon production from American shale formations has been called a revolution. In areas of the domestic US, such as in north eastern Texas, in the Barnett Shale and Marble Falls formations, a boom in shale oil and gas production has become a critical factor in the US domestic energy security equation, and has created excellent opportunities for early stage investors. SFPI offers investors exposure to the hydrocarbon boom in domestic US shale exploration, development and production."