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Investment Opportunity in Tanager Unit: A Promising Venture in Wyoming

StrongHeart Energy is excited to announce a current investment opportunity in two promising wells located in Campbell County, Wyoming. The Tanager 0705-19H and Tanager 0705-18H wells, both situated in the prolific Frontier-Turner formation, present a significant opportunity for investors interested in the oil and gas sector. The Tanager wells have demonstrated a strong start in their production lifecycle.

Wells Details:

Proved Developed Producing (PDP) Wells

Proved Developed Producing (PDP) wells refer to oil and gas wells that are already drilled, completed, and actively producing hydrocarbons. These wells are part of a category known as Proved Reserves, which indicates the amount of oil and gas that is reasonably certain to be recoverable from known reservoirs under existing economic and operational conditions.

Since PDP wells are already in production, they represent a lower risk compared to undeveloped or exploratory wells. The reserves associated with these wells are confirmed, making them a more stable and predictable investment.

Investing in PDP wells like the Tanager 0705-19H and Tanager 0705-18H provides a secure and profitable opportunity with immediate returns and lower risk, making them a compelling addition to any investment portfolio.

Tanager Production Data:

Oil and Gas Production in Campbell County, Wyoming

Campbell County, Wyoming, ranks #2 in the state for oil and gas production, with 2.2 million BBLs in March of 2024.

Wyoming's position in the U.S. oil and gas industry is notable, especially when compared to the leading states like Texas and New Mexico. As of October 2023, Wyoming produced 6 million barrels of oil and 124.6 million MCF of gas.

The Petroleum Association of Wyoming (PAW) recently released their updated brochure that reflects important facts and figures regarding the oil and gas industry in Wyoming for 2017.

According to the association’s publication, the average rig count for 2017 was 22 with sales of crude oil production totaling 76 million barrels and gas production totaling 1,562 trillion cubic feet for the year. There were 355 companies /operators that produced Wyoming’s crude oil and 228 that produced natural gas.

Approximately 10,598 wells produced oil and 14,518 produced gas (6,505 of the gas wells being coalbed natural gas producers) for a total of 25,116 producing wells in the state.

PAW reported that Wyoming’s petroleum industry directly employed over 7,000 people in 2017 with an annual payroll of over $668 million. Additionally, the industry contributed to the state through taxes, royalty payments and lease revenues more than $900 million for the year.

StrongHeart Energy remains committed to transparency and success, providing our investors with detailed reporting and access to online accounts for monitoring their investments. This opportunity in the Tanager wells is a testament to our dedication to identifying and developing high-potential energy projects.

For more information and to explore this investment opportunity, please contact us. Join us in harnessing the potential of the Tanager wells and be a part of a profitable future in the energy sector.