• We Purchase Oil & Gas Royalties, Mineral Rights and Working Interests Nationwide!

  • We Offer Free Consultations, Evaluations and Fast, Secure Closings.

  • No Hidden Fees, Costs or Obligations of any kind.

  • We’ll buy All or Part of Your Oil & Gas Interests whether Producing, Non-Producing, Leased or Un-Leased.

  • Get a Top Dollar Offer for Your Oil & Gas Assets.

  • We handle all Paperwork, Filings and Cover All Costs.

Brg Petroleum Corp.

 

BRG Petroleum, Inc. was founded in 1987 as a privately held, independent oil and gas exploration and production company located in Tulsa, Oklahoma. Between June 1987 and December 1997, BRG Petroleum, Inc. organized and managed sixteen oil and gas investor funded programs. During this period the company also made significant purchases of producing properties and other companies for its own account. By early 1998, the company had acquired interests in over 800 wells and operated approximately 600 of these. This extensive reserve base made BRG an attractive acquisition candidate. BRG Petroleum, Inc. and the investor-funded programs were sold to Seagull Energy in June 1998. Immediately after the sale of BRG Petroleum, Inc., BRG Petroleum Corporation was formed by the original owners and the BRG management team. BRG Petroleum Corporation then pursued the same strategy of acquisitions and development drilling. By the end of 2004, the company operated over 450 wells and had interests in an additional 170 wells and had a significant acreage position in East Texas. It had also organized an additional seven oil and gas investor funded programs. This extensive reserve base combined with the increased demand for oil & gas reserves again made BRG Petroleum Corporation an attractive acquisition candidate. In February 2005 BRG Petroleum Corporation and the investor-funded programs were sold to Chesapeake Energy. Immediately after the sale of BRG Petroleum Corporation, BRG Energy, Inc. was formed by the original owners. During June of 2005, BRG organized its 24th Oil & Gas Program and this program was funded with subscriptions that totaled $25 million. $12.5MM of this amount was received by BRG when the program closed and the balance is expected to be called during the later months of 2006. The company is now actively implementing this 2005 Program. BRG currently has thirty-four employees, including three engineers, four landmen, three geologists, and two CPA's. The company has sufficient financial ability to respond quickly to opportunities. Its principal office continues to be located at 7134 S. Yale Avenue, Tulsa, Oklahoma. Field offices are located in Enid, Oklahoma and Garrison, Texas.
 

Phone: 
(918) 496-2626
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