Low cost, conventional producing assets with significant upside potential
American Patriot holds a mix of operated and non-operated assets encompassing the Anasazi project, located in the Goliad, San Patricio and Gonzales counties in Texas and the La Salle Parish in Louisiana.
- Net revenue interest ranging between 49-87%
- 1P proven reserves of 296 mboe
- Production rate of 128boepd and 123mcfd of gas
- First production and revenue achieved for American Patriot at the project in November 2017
- Operators include large private US companies Sanchez Energy and Alta Mesa
- Assets also include the non-operated Williams Gas unit and non-operated producing oil wells owned by Rose Royalties