$678,481,000,000

OOG, an experienced oilfield services management team with over 30 years in the field, is poised to achieve sustainable, long-term growth through the strategic acquisition of a producing Canadian Oilfield. Utilizing proven reserves and state-of-the-art oil and gas well enhancement techniques, OOG will triple the current production from this field within the next 24 months. The oilfield is an established oil and gas company with operations in Southern Alberta with 264 oil and 270 gas wells. The current production sits at 1,500 boe/day and significant potential exists for growth beyond 4,500 boe/day, through advanced extraction techniques such as the Mannville Horizontal Drilling Program. Driven by in-depth geological evaluation techniques, 48 oil wells and 58 gas wells have been identified as optimization targets. Combined with the Mannville program, these efforts are expected to significantly boost the BOE count. Given the tremendous upside, low production decline and low sustaining capital to maintain production, this operating oilfield presents a very attractive project to produce more oil and gas from existing wells, rather than new drilling. The loan request is valued at $80M with $10M of available equity and seeking a $70M million loan to complete the transaction and start the advanced extraction process.