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OIL AND GAS JOINT VENTURES

Since 1977 Ocean Pacific Capital has provided oil & gas industry clients with customized oil & gas joint venture solutions to solve challenges and meet financial goals. Our dedicated team of energy specialists understand the unique challenges facing oil professionals in today's lower priced market.

Our clients range from early stage operators who have little or no existing production and are seeking an oil & gas joint venture to drill wells, re-work existing wells or acquire production, to larger established oil companies with significant existing production that are seeking a joint venture partner for additional acquisitions or to replace existing debt.

Please contact us right away and our team together with our strategic partners will quickly assess your situation and can move quickly to structure an oil & gas joint venture drilling program and/ or joint venture acquisition that will create high levels of mutual value.

At the current time we are considering all oil & gas opportunities domestic and abroad.

Don't hesitate to call us today.


Whatever your financing needs,
we will tailor a loan that's right for you.

 


Daily Oil & Gas and Wall Street Journal News
5/22/19

Oil Prices Down More Than $1
Posted on Tuesday May 21, 2019

Both the WTI and Brent contract prices fell by more than $1 Wednesday.

Icahn-Backed CVR Energy Considers Selling
Posted on Tuesday May 21, 2019

The refiner also inked a deal to sell its 1.5 million-barrel storage terminal and related assets in north-central Oklahoma for $36 million.

Pioneer Cuts Hundreds of Workers in Texas
Posted on Tuesday May 21, 2019

The Permian pure-play company has reportedly cut 25 percent of its workforce as it continues to cut costs.

Louisiana Project's Price Tag Rises Again
Posted on Tuesday May 21, 2019

Sasol has raised the projected capital cost of its Lake Charles Chemical Project again.

Aramco Taps into US Shale Gas Boom
Posted on Tuesday May 21, 2019

Saudi Aramco agrees to a buy a stake in Sempra Energy's Texas LNG export terminal.

Top 2019 US Oil Stock Has No Permian Stake
Posted on Tuesday May 21, 2019

This year's top-performing U.S. oil producer doesn't have any operations in the world's fastest-growing shale play.

Gazprom Makes 17Tcf Gas Discovery
Posted on Tuesday May 21, 2019

Gazprom discovers two new fields containing over 17 trillion cubic feet of gas on the Yamal shelf.

Offshore Oilfield Service Growth Likely to Halve
Posted on Tuesday May 21, 2019

The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.

Oil Heads for Biggest Drop in 2 Weeks
Posted on Tuesday May 21, 2019

Oil headed for its biggest drop in two weeks as signs the worsening U.S.-China trade war will take a toll on global economic growth overshadowed the prospect of OPEC+ extending output curbs.

Crude Oil Futures Mixed Again
Posted on Monday May 20, 2019

For the second straight trading day, WTI and Brent price movements were mixed.

Wall Street Journal
Commercial News

5/22/19


BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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