Legacy Oil Investments has extensive experience in the evaluation of Oil and Gas Properties (Producing & Associated). Our appraisers are excellent evaluators with current state and federal regulations. We have a good relationship with regulatory agencies like the Oklahoma Corporation Commission, and any new regulatory information and drilling procedures for the Mid-continent Arena, specifically New Mexico & Oklahoma. Geologic analysis determines fair market value of properties, we look for valuation of the properties. The engineering team works in conjunction with the Geosciences Department to evaluate the rock properties and determine the best way to extract hydrocarbons from the reservoir.
Legacy Oil appraisers have specialized experience in mineral development including geologic formations, field operations well permitting, lease documents, development plans, production forecasts, capital and operating expenditures.
Current production, CAPEX, and a keep or exit strategy based on pricing and the current oil business models with a base ROR of 30% or greater.