Fossil
Oil & Gas Management, LLC. is an independent oil
and gas management company providing oil and natural
gas investment opportunities for oil and gas production
in high volume fields based on 3D seismic technology.
Fossil Oil brings added confidence to our investors
and joint venture partners with management having over
38 years experience serving the Texas and Louisiana
Gulf Coast, south Texas, Mid-Continent areas of Kansas,
and Oklahoma.
The
oil and gas industry has never been better in its 150
year existence. Oil companies are experiencing record
profits. The industry appears to be revisiting the oil
boom of the early 20th century but with far greater
results with Natural Gas as an added commodity! With
the global demand for energy, the tightening supply
and lingering energy bill in our own country, along
with the tax write
offs incentive in the tax code to stimulate private
sector oil and gas investment, the opportunities are
astounding for those who are forward looking. The current
environment for oil and gas exploration is ideal. Industry
pundits predict worldwide consumption to be 115 million
barrels of oil a day by 2030, a huge increase from current
demand of 85 million barrels.
World
competition for fossil fuel sources is high, yet, big
oil companies have reduced their drilling budgets from
30% in the mid-90's to 18% today, while our industry’s
geological and engineering workforce has diminished
from 800,000 employees in the 1980's to 285,000 in 2006.
Meanwhile,
much of today’s world's oil has been nationalized,
leaving the major USA oil companies scrambling for incredibly
expensive international and deep water projects (Outer
Continental Shelf – Gulf of Mexico). Thus, with
the absence of the major oil companies, “the playing
field has been leveled” and huge opportunities
prevail for companies like Fossil Oil & Gas and
its partner, New Century Exploration, to utilize their
skills, experience, and 3D seismic technology to explore
these vast onshore opportunities. We
encourage you
- don't let times of high profit taking in this industry
pass you by.
Get Involved!
You have to own
Oil and Gas to reap the rewards!
Our goal is to participate along side our joint venture
partners in properties that make sound risk/reward sense,
properties that meet our high economic goals and properties
supported by the latest 3D
seismic
technology.
8/15/08*
close & (change) NATURAL GAS ($/MMBtu)
Nymex Henry Hub Future........7.96
(-.14) Henry Hub Spot..................7.82
(-.33)
New York City Gate Spot........8.29
(-.29)
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8/21/08
- FOSSIL-ARCO FEE #1-R Well
(part of the Fossil-Texas Oilfield Producing
Wells JV) in Tyler County, Texas (PRODUCING
OIL AND NATUAL GAS DAILY) reported
that workover activity was successful and this
well is producing both crude oil and natural
gas daily. Investors can review the Production
Charts and the Executive Summary in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
8/21/08
- FOSSIL - LITTLE – ARCO #1 -
T Well (part of the Fossil-Texas Oilfield
Producing Wells JV) in Tyler County, Texas reported
that workover activity is completed and the
well is being hooked up to a downhole pump,
sucker rods and a pumping jack this week. Investors
can review the Executive Summary in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
8/20/08
- Fossil-Cage West #1 well
in Brooks County, Texas (DRILLED,
TESTED, COMPLETED, FRAC’D ZONE, HOOKED
UP COMPRESSOR, PRODUCING GAS, CURRENTLY MOVING
TO A NEW ZONE TO INCREASE PRODUCTION)
Production Charts can be reviewed in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
8/19/08–
The
Horelica #2 well in Ft. Bend County,
Texas (DRILLED,
TESTED, COMPLETED, PRODUCED GAS, RE-COMPLETED,
CURRENTLY PRODUCING GAS) reported
production totals continue to accumulate and
are tallied in the Report Section for this JV
(CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
8/19/08
- Fossil – Horelica #1A-ST well
in Fort Bend County, Texas (DRILLED,
TESTED, COMPLETED, PRODUCING GAS AND OIL)
reported the work to install a gas lift system
and separate Gas Meter and Seperator has been
completed and hooked up. Details can be reviewed
in the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
8/6/08–
The Fossil – BP #1 well
(West Zachary Prospect) in East Baton Rouge,
Louisiana (DRILLING
AT 3,000’ TO A TARGET OF 10,500’!)
being drilled and operated by New Century Exploration
of Houston. Investors can review the Executive
Summary in the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
8/5/08 - The Fossil-Dobbs Ranch #1 well
in Lavaca County, Texas (DRILLED,
TESTED, COMPLETED, TESTING AND PRODUCING GAS)
reported news on the daily production rates
that can be reviewed in the Report Section for
this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
8/3/08–
The Fossil-Forgason #1 well
in Wharton County, Texas (DRILLED,
TESTED, COMPLETED, PRODUCING GAS)
continues to be a consistent and steady producer
of natural gas and the daily production chart
can be reviewed on the report site. (Click
to go directly to this well’s Report Link.)
7/31/08
- Fossil-Thibodeaux #1 well
in Calcasieu Parish, Louisiana (part of the
10 Well Multi-Well JV) (DRILLED,
TESTED, COMPLETED, GAS PIPELINE CONNECTED AND
PRODUCING GAS) reports that
the Operator, New Century Exploration has completed
the pipeline hookup and gas meter and producing
down the sales line. Further progress can be
reviewed in the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/31/08
- Fossil–Barham #1 well
in Calcasieu Parish, Louisiana (DRILLED,
TESTED, COMPLETED, PRODUCED GAS, AND RE-COMPLETED
NEW ZONE) reported that Daily
Production Charts can be reviewed in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/29/08–
Fossil – Yellow Rose, Eleanor
#1 well (3 Roses Prospect) located
in Jefferson County, Texas (part of the 10 Well
Multi-Well JV) (WAITING
TO FINALIZE RIGHTS OF WAY AND ROAD LOCATION
MATTERS WITH THE SURFACE OWNER)
reported news regarding drilling rig schedules
and that progress is being made with the surface
owners for right of way permits which can be
reviewed in the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
7/25/08–
The Fossil – Gripp #1 well
(Una Mas Prospect) in Victoria County, Texas
(part of the 10 Well Multi-Well JV) (DRILLED
TO TD, LOGGED NEW OIL/GAS DISCOVERY, PRODUCING
GAS) Investors can review the
Executive Summary of this 7,000’ Gulf
Coast well in the Report Section for this JV
(CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/21/08–
FOSSIL - SOUTH SPINDLETOP PROSPECT:
(part of the 2007 Year End 10 Well Multi-Well
JV, recently replacing the Cage Ranch East #1
well) (Is awaiting
start of drilling) Investors
can review the Special Report in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/21/08–
Fossil – White Rose #1 well
(3 Roses Prospect) located in Jefferson County,
Texas (part of the 10 Well Multi-Well JV) (WAITING
ON DRILLING RIG AND FINAL RIGHT OF WAY FROM
SURFACE OWNERS) reported news
regarding drilling rig schedules and that progress
has been made with the surface owners for right
of way permits which can be reviewed in the
Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/21/08–
Fossil – Red Rose #1 well
(3 Roses Prospect) located in Jefferson County,
Texas (part of the 10 Well Multi-Well JV) (WAITING
ON DRILLING RIG AND FINAL RIGHT OF WAY FROM
SURFACE OWNERS) reported news
regarding drilling rig schedules and that progress
has been made with the surface owners for right
of way permits which can be reviewed in the
Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
7/21/08–
The Fossil – Kallina #1
(Corner Shot Prospect) in Wharton County, Texas
(DRILLED, LOGGED
AND TESTED, COMPLETED, A FLOWING GAS WELL)
This well has been drilled to approximately
5,500’ along the Gulf Coast of Texas.
It has been completed as a flowing gas well.
Investors can review the Executive Summary in
the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/21/08–
The Fossil – Ann–Fitz #4-Alt
Well (Port Hudson Field) in East Baton
Rouge Parish, Louisiana (DRILLED,
TESTED, IN COMPLETION PHASE
) Investors can review the Executive Summary
in the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
7/21/08–
The Fossil – Gilbert #1 Well
(Sarah White Prospect) in Galveston County,
Texas (DRILLED,
TESTED AND COMPLETION PROCEDURE IN PLACE, WORKOVER
RIG ON LOCATION AND HAS COMMENCED INITIAL COMPLETION
ATTEMPT) Investors can review
the Executive Summary in the Report Section
for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
Fossil Oil & Gas Management , LLC is an
independent oil and gas management company providing
high quality direct participation (Joint Ventures)
opportunities for non-industry accredited investors
seeking lower risk yet realistic economic returns
on their investment capital.
Multiple
Oil and Gas Well Drilling and Producing
JVs
Independent Oil and Gas Investments!
8/21/08
- FOSSIL-ARCO FEE #1-R Well
(part of the Fossil-Texas Oilfield Producing
Wells JV) in Tyler County, Texas (PRODUCING
OIL AND NATUAL GAS DAILY) reported
that workover activity was successful and this
well is producing both crude oil and natural
gas daily. Investors can review the Production
Charts and the Executive Summary in the Report
Section for this JV (
8/6/08–
The Fossil – BP #1 well
(West Zachary Prospect) in East Baton Rouge,
Louisiana (DRILLING
AT 3,000’ TO A TARGET OF 10,500’!)
being drilled and operated by New Century Exploration
of Houston. Investors can review the Executive
Summary in the Report Section for this JV (
7/29/08–
Fossil – Yellow Rose, Eleanor
#1 well (3 Roses Prospect) located
in Jefferson County, Texas (part of the 10 Well
Multi-Well JV) (WAITING
TO FINALIZE RIGHTS OF WAY AND ROAD LOCATION
MATTERS WITH THE SURFACE OWNER)
reported news regarding drilling rig schedules
and that progress is being made with the surface
owners for right of way permits which can be
reviewed in the Report Section for this JV (
7/21/08–
FOSSIL - SOUTH SPINDLETOP PROSPECT:
(part of the 2007 Year End 10 Well Multi-Well
JV, recently replacing the Cage Ranch East #1
well) (Is awaiting
start of drilling) Investors
can review the Special Report in the Report
Section for this JV (
7/21/08–
The Fossil – Gilbert #1 Well
(Sarah White Prospect) in Galveston County,
Texas (DRILLED,
TESTED AND COMPLETION PROCEDURE IN PLACE, WORKOVER
RIG ON LOCATION AND HAS COMMENCED INITIAL COMPLETION
ATTEMPT) Investors can review
the Executive Summary in the Report Section
for this JV (
