Our Approach
Replay Energy Assets is an independent oil and gas operator headquartered in the Oklahoma City area with exploration and production efforts targeting well defined, stacked-pay Mid-Continent oil and gas fields. While our efforts over the past three decades focused on opportunities with acquiring and managing non-operated assets, we have transitioned to actively pursuing operated assets. Our company was formed to provide an oil & gas investment opportunity for private capitalists interested in investing in the purchase of proven developed producing (PDP) assets currently existing in multiple Mid-Continent oil and gas fields, as well as funding infill vertical drilling prospects within the acquired leasehold positions.
Even during this difficult and trying time for the energy sector, we are proceeding with efforts to acquire a variety of mature PDP assets to set the stage for future developmental drilling ventures. Our approach to acquisitions successfully generates a symbiotic partnership with other companies resulting in value creation for both enterprises. We provide solid returns for our investment base by enhancing existing production, executing on high rate of return recompletion projects and implementing a low risk developmental drilling program.
Growth and expansion through the drill bit is an integral element to our business plan. This capital-intensive endeavor requires applying a cost conscientious approach to an extensively vetted drilling portfolio. Exploitation of our well-defined stacked pay fields is accomplished with lower risk and less expensive vertical wellbores. History has proven our vertical prospect inventory provides greater serendipity potential with less capital exposure and less mechanical risk in stacked pay fields than what is being promoted by the in vogue horizontal drilling advocates.
We simply believe it is prudent to manage the risked capital of our investors and the company by executing on multiple vertical new drills targeting stacked pay sequences in various geographical areas, versus one or two horizontal wellbores targeting a single, isolated zone. Whether it is drilling vertical wells, executing on recompletion opportunities, or enhancing our existing production, we will always focus on identifying value within our asset base and delivering the maximum return to our investment syndicate.