About SPXCO
Thank you for visiting
Southern Pacific Exploration Company's (“SPXCO”) website.
SPXCO was created for one reason, to create and build
asset value and cash flow for the company and its investors.
The founders of the company have lifelong experience
in the oil and gas industry having drilled, completed
and produced wells in Texas, New Mexico and Wyoming
as well as gaining further experience developing and/or evaluating prospects and properties in other states and geological provinces such as California, Washington, Nevada, Louisiana,
Mississippi, Tennessee, Oklahoma, Kansas, Nebraska, Pennsylvania, New York and in the Amadeus and Cooper-Eromanga Basins, Australia.
SPXCO will focus its oil and gas development
efforts towards resource plays principally in order to
develop gas reserves, attempting to maintain a production
ratio tilted in favor of natural gas. Through SPXCO,
our investors have access to an inventory of drilling
and development prospects which we consider to have a
very low drilling risk. Our development prospects are
located in geologically proven oil and gas regions and
are carefully selected on the basis of geological and
reservoir potential, product marketability, operational
infrastructure and ultimate return on investment. We
intend to develop high quality producing oil and gas
properties with low operating cost levels, established
production rates and predictable long production life.
Indeed, many of today's “resource plays” present
opportunities more akin to investing in technology than
in conventional oil and gas. The successful application
of technology is much more directed, controllable and
affordable than conventional exploration drilling has
been. Our application of relatively new technology, combined
with development in known resource plays, significantly
lessens our risk and accelerates asset growth.
It has long been our belief that the essential
requirement for success in this business is simply an
honest and competent management team. Accordingly, ethical
behavior and business integrity have been our guiding
principles as we have developed investment opportunities
for both large and small investors. Our lifelong experience “on
the ground” in the oilfield including drilling, completion,
production and well servicing, along with twenty prior
years operating experience with “new field” discoveries
and production levels in the top 10% of Texas oil and
gas producers, represents an important combination of
industry competence in these key areas. Our experience
is direct and personal; we are not middlemen or marketers.
Our history of proven exploration and drilling
successes is guided by our confident industry philosophy,
and has placed Southern Pacific Exploration Company and
its investors in a position to take advantage of the
enormous investment growth opportunities in today's dynamic,
global, petroleum markets. |