640 Taylor Street, Suite 1850
Fort Worth, Texas 76102
Point Energy Partners based in Fort Worth, founded in 2017 by industry leaders with extensive experience working in many major basins across the nation. We focus on acquiring and developing onshore U.S. properties in basins with stacked multiple oil and gas reservoirs. oint Energy Partners CEO, Bryan Moody, and CFO, John Sabia, are U.S. military veterans whose experiences in the military—and in the industry—helped shape their belief that it is critical to have onshore oil and gas production that lowers energy costs for all Americans. As an organization, we value honesty, safety and hard work above all else, which benefits our mineral owners and investors—and the entire nation.
We are currently focused on the Delaware Basin where we have assembled over 6,000 gross operated acres and will have an active drilling program beginning in the first quarter of 2019. Our saltwater disposal wells in the basin have added capacity for other operators, and we will continue to pursue bolt-on acquisitions in the surrounding area.
Delaware Basin is a hydrocarbon rich sedimentary basin that lies within the Permian Basin. The Delaware Basin covers around 6.4 million acres in far West Texas and South Eastern New Mexico. It is located in an arid southwestern portion of the United States of America
Wolfcamp formation extends across the Delaware Basin, Central Basin Platform, and Midland Basin—the three sub-basins that comprise the Permian Basin. The Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Crude oil production in the Wolfcamp accounts for nearly one-third of total Permian crude oil production and more than one-third of Permian natural gas production.