Peak Energy

Oil and gas production assets with numerous drilling opportunities in low cost region

American Patriot operates and holds a 76% net revenue interest in the Peak Energy project, which covers 4000 net acres in the Harrison, Gregg, Rusk and Upshur counties in East Texas.

Project Highlights:

  • 17 producing gas wells
  • 21 producing oil wells
  • Production rate following the restart of shut-in production and re-works is 39boped and 630mcfd gas
  • Production is derived from the Cotton Valley, Travis Peak and Pettit formations
  • 1P proven reserves of 859mboe
  • Several PDNP and behind pipe drilling opportunities
  • Operating costs in this region are around US$20/bbl, making wells economic at low prices

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