When you think Texas oil, you probably think Exxon, the Hunt Family, T. Boone Pickens, Black Gold and J.R. Ewing. Hoping to join the list of Texas oil house hold names is Carson Energy Inc.
Carson Energy’s potential “Oil play of the year,” named Lone Star Collection, is focused on America’s Saudi Arabia, along the heavily productive Texas Gulf Coast. The project is a multi-field acquisition combining 4 individual Texas projects into one massive diversified portfolio.
Just as oil prices can go irrationally high, they can also go irrationally low. Right now the lower price of oil appears to be creating virtually unheard of buy in opportunities that may not last long. Billionaire Chairman and CEO of private-equity firm Blackstone Group, Stephen Schwarzman recently said, “Oil is the biggest investment opportunity in the world.”
Senior Executive Officer of Carson Energy, Inc., Steve Owen agrees, stating, “The Lone Star Collection Project was designed to take advantage of lower drilling prices, due to the pull back in the price of oil.”
Carson Energy appears to be using the historically proven long-term oil investment strategy of “Double Dipping.” Double Dipping is when you get to buy in at a lower price point than you normally would get to buy in at and then also get to take advantage of the higher price of oil when it jumps back up.
The company’s Lone Star Collection is a uniquely Texas project. For a brief historical perspective on Texas oil, Carson has provided the following 2 links –
1. http://www.carsonenergy.com/a-brief-history-of-texas-oil/
2. http://www.carsonenergy.com/texas-oil-for-the-layman/
Individual Project Details – http://www.carsonenergy.com/texas-oil-industry-report-and-spotlight/
Matagorda County – Drilling into one of the largest un-drilled structures in the county, using cutting edge 3D seismic data, along with Neural Networking, which was developed by Alan Turing, the famous British mathematician who broke the Nazis code, allowing the Allied Powers to win the war. Recently a movie called “Imitation Game” was made about Mr. Turing’s life.
Hardin County – Utilize the latest 3D “Bright Spot” technology to develop 400 acres in potential oil revenue. To put 400 acres into perspective, that’s about the size of 303 football fields.
Wharton County – Shallow well project in the prolific Victoria- Fort Bend Fairway, which has produced 1.04 TCF and 68 million barrels of oil to date.
Chambers County – Drilling with the legendary oil finder the entire field was named after, in the Texas state waters. A barge rig will be used for drilling, in approximately 10 feet of water.
About Carson Energy, Inc.
Carson Energy Group was founded in 1983 on the fundamental principles of applying state-of-the art exploration and production technology to develop high quality oil and gas prospects with individual and institutional investors. Our focus areas include Alabama, Colorado, Louisiana, Texas and Australia.
The information contained herein is for informational purposes only. Nothing contained herein is an offer to sell, or a solicitation to sell securities.
Masters of Money LLC created and distributed this press release for Carson Energy Inc.
If you are interested in hiring Masters of Money LLC to help promote your product or service, we look forward to hearing from you.
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Foreign Corporation (LTD) AG.
d/b/a Masters of Money, LLC.
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Foreign Corporation (LTD) AG.
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