Project TypesHalek Energy engages in projects that present the most potential value for the investor and growth for the company. Our teams of geologists and engineers work to help us create programs in which the inherent risks of drilling have been mitigated while still providing a great potential upside.
-
Multi pay zone-By drilling in areas where several pay zones have been proven we can maximize the return on investment over time. We typically start at the deepest formation, producing it until it is not profitable anymore, plug it off, perforate, stimulate and produce the next formation up. This allows us to manage the decline curves that are inherent in production and maximize the return for our partners.
-
Multi-well projects – Most of our projects contain 2 or more wells. Spreading your investment across multiple wells can decrease the amount of risk in a project. The greatest chance for success in any investment venture is diversification, and oil and gas is no exception.
-
Wildcat projects – As an exploration company, we are actively pursuing new and exciting ventures in unexplored regions. While these projects do carry with them a considerable amount more risk, they also provide a much greater potential upside. Our team works alongside consulting geologists and engineers to gather data in order to do the due diligence required on projects like these to ensure the greatest chance for success.
Oil Demand Remains High
| YTD World Oil Consumption |
| Todays World Oil Consumption |
| World Oil Consumption Since You Arrived |