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Business Opportunity

EPRS Energy Co. Inc. Business Opportunity. Overview. Domestic oil production has been declining for decades. There are over 400,000 stripper or marginal oil wells in the USA. Most of these oil wells produce less than 15 BO a day.

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Business Opportunity

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  1. EPRS Energy Co. Inc. Business Opportunity

  2. Overview • Domestic oil production has been declining for decades. • There are over 400,000 stripper or marginal oil wells in the USA. Most of these oil wells produce less than 15 BO a day. • There are many oil wells and oil fields that are abandoned with the lease still having more than 50% of original oil in place. • Most marginal oil wells are owned by smaller operators or companies.

  3. Long-term goal • Establish financial resources to fund our projected rapid growth via acquisitions. • Acquisition of smaller companies that have both personnel and large leases that fit our acquisition model. • Search for and evaluate other energy related technology that could expand our business base.

  4. The Present Situation • The enhanced oil recovery business has many participants but few competitors that can be as cost effective as we can with our process. • There were over 400,000 marginal oil wells in the US producing 311 million barrels of oil per year. • We believe that for over 75% of the marginal oil wells fields we have the most cost effective method to use. Using our process we can slow oil well abandonment rates and increase ultimate recovery of oil from known fields. • Our process is very environmentally friendly and doesn't leave a negative footprint after treatments.

  5. Development up to present • Our chemical process was field tested over a 6 year timeframe and resulted in over 45 successful treatments. • Field tests indicated that it was possible to determine the best formula to use to treat oil in the field. • The field tests proved that it was possible to treat wells and have increased pressure and production within 3-4 weeks wrong.

  6. Potential Alternatives • Most enhanced oil recovery (EOR) techniques require large capital expenses and take long periods of time before results are usually received. • CO2, nitrogen, water flood, etc, all cost more and take longer to get results than our process. • Our advantage is that we are able to determine the potential effectiveness of our application in any given field before we go into the field and our process usually starts getting results within weeks, not months.

  7. Recommendation • This is a good investment for those investors who want a low risk opportunity to get into the energy business. • Lenders who want better returns with minimum risk will find our programs of interest. Our programs deal with proven, producing leases. • We are not trying to find oil producing properties we only work with proven oil producing properties. • We are able to buy leases knowing that we can decrease the payback time

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