| Ramsey
is engaged in leasing, natural gas exploration,
development, operations, production and
marketing.
Over
the next year we will have
successfully drilled, completed, and produced
over 140 wells in the Devonian Shale.
In addition to our active drilling
program, we have installed an extensive pipeline
to transport our natural gas to market.
We
are also engaged in an active pre-development
program to explore and develop the Trenton Black
River Zones in Gilmer and
Braxton
Counties
in
West Virginia
.
One
of our primary missions is to provide excellent
investment opportunities for our Partners.
To date, our Partners have participated
in numerous drilling programs, and historically
have achieved an average return of 5% - 40%
(plus) per year.
Our
natural gas drilling activities have been
conducted through joint ventures with Ramsey
Associated Petroleum, Inc., as the Managing
General Partner.
The company’s overall financial
strategy has been to increase natural gas
reserves by investing significantly in our own
drilling projects and acquisitions.
The
combination of a strong leasehold position sets
the stage for not only the establishment of
normal geological criteria, but also abundant
reports of gas discoveries in the field.
In the past, the prospect area was
drilled to a depth of 2500’ to 6900’ for
discovery in the Big Injun Sandstone, Speechly,
Balltown, Fifth Sand, Benson, Elk, and Oriskany
formation.
Based upon the widespread (over 15,000
acres of leasehold estates now contracted by
Ramsey) distribution of these zones, Ramsey has
discovered the beginnings of new fields, and
contends that several additional fields are
likely to exist over the acreage block.
It is for this reason, and the fact that
more sophisticated field mapping indicates that
the deeper producing formations are present,
that we are continuing exploration and
development. |
|
Ramsey
Associated Petroleum, Inc.,
registered as a Delaware Corporation.
The President, Cecil Leon Ramsey, II,
together with his endless energy, he combines
the team efforts of office, field and working
partnerships to operate the business on a daily
basis. Since
inception, Ramsey has been actively engaged in
acquisitions and the direct development of
natural gas properties.
To
date, we have ownership and operate several
hundred wells in the State of
West Virginia
, with our drilling record standing at
140 wells
with a completion ratio of 100%.
Ramsey’s involvement in drilling activities
follows an eight-step approach:
- Identifying
an area with potential reserves, employing
state-
of-the-art technologies while supplementing
its geological database with
multi-disciplined geophysical programs.
- Selecting
acreage positions in areas of greatest
potential.
- Positioning
its experienced technical team.
- Developing
fund raising programs.
- Performing
its drilling and operating activities.
- Accounting
and revenue distribution.
- Diligently
operating and producing.
- Corresponding
with partners.
Ramsey
currently owns the oil and gas lease rights to
thousands of acres, which are well located, both
strategically and geophysically situated.
This acreage will fuel the company’s
growth potentially for several decades, by
providing what the company believes could be
billions of cubic feet or gas.
Full
Service Company
Ramsey
Associated Petroleum, Inc., is a fully
integrated oil & gas company that has proven
to be a survivor from tough economic times.
Ramsey has survived and generated revenue
for its own holdings and profitable returns to
its Partners during the most depressed economic
times.
In the past twelve (12) months we have
had 5% - 40% returns on our monthly cash
distributions. |
