EIG Resources, LLC.
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Areas of Interest. The ideal prospect criteria for EIG Resources, LLC, involves plays with room to grow organically generated, i.e., ground floor through the bit. Preferred locations are in the Gulf Coast, Texas, Louisiana and SE New Mexico areas. The company has no preference on formation and depth limitations. The company prefers shooting 3-D seismic or prospects based on 3-D seismic to minimize risk, unless well is supported by subsurface control. The company will consider re-entry and deepening of wells or recompletions. One well deals will be considered but will also consider risk reward which certainly is key to a one well deal. The company has no preference over oil or gas deals; however, oil is less of a commodity risk. A criteria for development opportunities is a plus.

 

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