pepeoil
16 hours ago
Here is a sample of old Joshys bullchit when he was pimping the unrg scam…..lol
Controlledoilandgas
Re: None
Friday, August 05, 2022 9:19:21 AM
Post# of 15907
UNRG IS GOING TO $1.00 BY THE END OF THE YEAR
Inline with all press, UNRG on July 18 announced the engagement of very well established and esteemed lower middle market Investment Bank Paulson Investments (see links below).
The company publicly exchanged shares and nominal cash consideration for majority working interest in over 3,200 wells, of which approx 300-400 have been turned back on without rework and are producing potentially as much as $200k per month in revenue - assuming Paulson Investments brings in a round of capital, (estimating unplugging each of the 2,800 wells that haven't been unplugged yet) - this should uplift the company's revenue to $800k - $1.0M just based on our independent estimates and assessments, and assume that lifts the company to $0.50 per share conservatively assuming a 10x multiple on 12 month annualized revenue. At that point the company should be completed with it's audit and implementing full financial reporting, and on it's way towards filing an s-1 and up listing to a different exchange as it should meet all the requirements (financial and investor) at that point. In conjunction with all of this - the company should be the best positioned in it's value range class to actually acquire lower middle market asset portfolios (figure $20-$50M annual revenue range prospects).
We've surveyed and spoked with the boards of over 100 publics in the natural resources sector, and we analyze all +670 United States based Publicly traded Natural Resource companies. Our assessment is completely unbiased an independent - we do serve as an advisor to the Company United Energy Corporation.
pepeoil
1 day ago
These Clowns do not even have a P-5 to operate oil and gas wells in Texas. It has expired and they have a $7,000,000 plugging liability with the state. When I verified this at the Texas RRC, they said that they had numerous con compliant lease as well as H-5's which are injection well test. LOL
Operator Name: VISION OIL AND GAS LLC Renewal Date: 05/2025 Percent Complete: %
Operator No.: 886198 Total Cost: $2,000,000 (actual total $7,043,979.00, cap used) 5-year-inactive wells: 39
Operator Status: DELINQUENT Wells Meeting P5 Renewal Requirements: 10 10-year-inactive wells : 16
threewheeler
2 days ago
wow ok even better AZRH American Industries
@americanmade_ai
·
15m
$AZRH - sometimes we’ve got to address the ignorant nonsense this clown spews…
What a clown… $3-4M?!?!? Yeah maybe if I was drilling a 5k vertical with a 10k lateral…. And even then my cost for a completed well would be under $2.5M…
Our prospect wells for our Phase 2 CAPEX program into the Devonian are vertical re-entries off of 5,000 ft well bores already drilled / completed…. Here’s how simple what we are doing is.
I call my buddy Jeff who has 3 surface rigs - he comes and drills down to the new pay zones at 11-12,700 ft. You add casing, cement, extend the tubing, run wireline to perf the wells, run frac, and turn on flowback to production… if that costs you $3-4M to do then you have no business and have never done anything in oil & gas… period…
I’m doing workovers that consist of pulling tubing on 5,000 ft wells, cleaning out old pumps, and running acid and chemicals for under $3,500 in-house.
threewheeler
2 days ago
American Industries
@americanmade_ai
·
15m
$AZRH - sometimes we’ve got to address the ignorant nonsense this clown spews…
What a clown… $3-4M?!?!? Yeah maybe if I was drilling a 5k vertical with a 10k lateral…. And even then my cost for a completed well would be under $2.5M…
Our prospect wells for our Phase 2 CAPEX program into the Devonian are vertical re-entries off of 5,000 ft well bores already drilled / completed…. Here’s how simple what we are doing is.
I call my buddy Jeff who has 3 surface rigs - he comes and drills down to the new pay zones at 11-12,700 ft. You add casing, cement, extend the tubing, run wireline to perf the wells, run frac, and turn on flowback to production… if that costs you $3-4M to do then you have no business and have never done anything in oil & gas… period…
I’m doing workovers that consist of pulling tubing on 5,000 ft wells, cleaning out old pumps, and running acid and chemicals for under $3,500 in-house. (think he meant $350k but either way, way cheaper than $3-4M)
getmoreshares
2 days ago
American Industries
@americanmade_ai
$AZRH corporate update
The production engineer Cohen just hired (former Devon Engineer, started with Equinor, his assets were exited to Grayson Mills backed by EnCap, which were bought by Devon last year) is a fucjing rockstar.
Why would he leave Devon Energy to work and partner with Cohen?
Because they see something that has been wildly overlooked.
Major oil is only focused on tier 1 acreage and bringing in oil wells at 100 barrels an hour - Cohen and Watson would know, given that Freedom Well Testing in 2023 & 2024 was OXYs top flowback company before some vendor debt issues came to a head.
Tier 3 acreage is often overlooked, and for those that acquire it they are typically only focused and are lucky if they're capitalized well enough to fund their workovers. Good sized Independents ($20-100M) are seldomly drilling, and are ourusuong the strategy Vision and Cohen are pursuing - buying up good acreage and later life wells.
But the production engineer spotted something that's hard to ignore, and Cohen and Watsons cost to get it done wont break the bank once they've turned all the Economical wells back onto production between now and December.
There are 2 direct offsets that were wildcats and not further exploited that drilled down to the Devonian at depths between 11,000 and 12,600 ft. One wells cumulative production was 211,000 barrels. The others was 271,000 barrels. The remaining acreage surrounding the company's leases / fields is all Virgin (meaning unexploited). These wells were drilled on the East side of the field within 1 mile to Visions perimeter wells. To further support that this isn't just a one off pocket or anomaly, a wildcatter drilled a single well 5 miles south of the fields to 11,900 ft (the Daniel 1). That well came on at 300 barrels a day with a cumulative production of 911,000 barrels.
To put all these numbers into reasonable perspective:
$67 / barrel oil spot price today
($6 gathering fees) to the buyer of the oil
22% average royalty interest on the Cochran county leases (this is the landowners take)
78% average Net Royalty Interest to Vision
211,000 cumulative production = $10,039,000 earned over the lifetime of this 1 single well before ad valorem and lease operating expenses (note this perpetual stream of revenue was earned over the course of 15 years).
911,000 cumulative production = $43,345,380 earned over the lifetime of this 1 single well before expenses.
The company is in the very early stages of evaluating the true AFE cost for 3 wells drilled to 12,600 ft vertical re-entry into the Devonian as test wells - targeting a Q1 drill date and a Q2 completion date. The group believes they can achieve these 3 test wells for under $450k (drilled / completed / producing) per well, or $1.25M total.
Those 3 test wells will tell us what direction to drill depending on the results of these wells.
Cohens not trying to get too excited yet, as phase 1 remediation / reworks need to be conducted first and foremost to turn these wells into production and cash flow targeting 200 barrels a day. But if this fields deep rights have the potential that the former Production Engineer believes it does - it's game over and Cohen will take the company straight to EnCap and all of his family office partners for backing of a 400 deep vertical drilling program with a $200M CAPEX requirement.
Cohens also evaluating a similar package on tier 3 Permian Acreage in Reagan and Crockett county, and is in the early stages of constructing a deal on this (830 wells already producing 230 barrels a day on 26,000 acres).
$FANG $OXY $COP $EOG
12:22 PM · Jun 12, 2025
·
158
Views
Controlledoilandgas
2 days ago
The production engineer Cohen just hired (former Devon Engineer, started with Equinor, his assets were exited to Grayson Mills backed by EnCap, which were bought by Devon last year) is a fucjing rockstar.
Why would he leave Devon Energy to work and partner with Cohen?
Because they see something that has wildly overlooked.
Major oil is only focused on tier 1 acreage and bringing in oil wells at 100 barrels an hour - Cohen and Watson would know, given that Freedom Well Testing in 2023 & 2024 was OXYs top flowback company before some vendor debt issues came to a head.
Tier 3 acreage is often overlooked, and for those that acquire it they are typically only focused and are lucky if they're capitalized well enough to fund their workovers. Good sized Independents ($20-100M) are seldomly drilling, and are ourusuong the strategy Vision and Cohen are pursuing - buying up good acreage and later life wells.
But the production engineer spotted something that's hard to ignore, and Cohen and Watsons cost to get it done wont break the bank once they've turned all the Economical wells back onto production between now and December.
There are 2 direct offsets that were wildcats and not further exploited that drilled down to the Devonian at depths between 11,000 and 12,600 ft. One wells cumulative production was 211,000 barrels. The others was 271,000 barrels. The remaining acreage surrounding the company's leases / fields is all Virgin (meaning unexploited). These wells were drilled on the East side of the field within 1 mile to Visions perimeter wells. To further support that this isn't just a one off pocket or anomaly, a wildcatter drilled a single well 5 miles south of the fields to 11,900 ft (the Daniel 1). That well came on at 300 barrels a day with a cumulative production of 911,000 barrels.
To put all these numbers into reasonable perspective:
$67 / barrel oil spot price today
($6 gathering fees) to the buyer of the oil
22% average royalty interest on the Cochran county leases (this is the landowners take)
78% average Net Royalty Interest to Vision
211,000 cumulative production = $10,039,000 earned over the lifetime of this 1 single well before ad valorem and lease operating expenses (note this perpetual stream of revenue was earned over the course of 15 years).
911,000 cumulative production = $43,345,380 earned over the lifetime of this 1 single well before expenses.
The company is in the very early stages of evaluating the true AFE cost for 3 wells drilled to 12,600 ft vertical re-entry into the Devonian as test wells - targeting a Q1 drill date and a Q2 completion date. The group believes they can achieve these 3 test wells for under $450k (drilled / completed / producing) per well, or $1.25M total.
Those 3 test wells will tell us what direction to drill depending on the results of these wells.
Cohens not trying to get too excited yet, as phase 1 remediation / reworks need to be conducted first and foremost to turn these wells into production and cash flow targeting 200 barrels a day. But if this fields deep rights have the potential that the former Production Engineer believes it does - it's game over and Cohen will take the company straight to EnCap and all of his family office partners for backing of a 400 deep vertical drilling program with a $200M CAPEX requirement.
Cohens also evaluating a similar package on tier 3 Permian Acreage in Reagan and Crockett county, and is in the early stages of constructing a deal on this (830 wells already producing 230 barrels a day on 26,000 acres).
getmoreshares
3 days ago
Azure Holding Group Corp ($AZRH) Completes Merger with Vision Oil and Gas, Adding 404 Oil & Gas Wells and 26,000 Acres
MIDLAND, TX / ACCESS Newswire / June 11, 2025 / Azure Holding Group Corp (OTC PINK:AZRH) announced the completion of it's merger with Vision Oil And Gas, which is now viewable under the disclosures section of the company's profile on http://OTCMarkets.com.
As a result of the Merger, Azure Holding Group will be renamed Vision Oil And Gas. The merger brings with it 102 actively producing oil & gas wells, 241 shut-in wells (of which at least 120 have been identified as a workover candidate), and 42 injection wells spread primarily across 18,300 Acres on Tier 3 acreage in Cochran County in the Permian Basin. The merger also brings an additional 31 wells in South Texas located across 6,000 acres in Nueces, Duval, Bee, Webb, Starr and Zapata Counties in South Texas.
As a result of the Merger, Rodolfo Tijerina, a renowned geologist and managing member of Vision Oil & Gas, will be appointed as Executive Chairman of the Board of Directors, and will share control of the Vision Oil And Gas with Josh Cohen and Josh Watson.
Vision Oil And Gas will begin it's workover remediation plan to optimize the production across the existing Actively Producing wells in July 2025, and intends to bring over 120 targeted shut-in wells back online through it's first phase of remediation, set to occur between Q3 and Q4 2025.
The group believes that it will achieve between 200 to 250 barrels a day of production through it's first phase of remediation by December 2025, focusing on recovery efforts in the San Andreas formation where the wells are currently producing at depths varying between 5,000 and 5,000 feet. The company also intends to complete it's remediation efforts across it's South Texas assets by December 2025, adding between 50 to 80 BOED in production.
In Q1 2026, the group will begin it's evaluation re-entry into the Devonian through Vertical re-entry efforts across the existing wellbores. The Company's efforts are supported by a single direct offsetting well that is operated by an unrelated party, and that has produced over 275,000 cumulative barrels of oil at a depth of 12,600 feet, with a well location that is less than 3,000 feet away from over 7 of Vision Oil And Gas's existing San Andreas wells (the company's leases in Cochran County includes deep rights). If these test well re-entries prove successful, the company has identified over 200 existing and 200 new well locations to allow for vertical re-entry in the Devonian.
The company intends to self service it's own workovers, leveraging the expertise inhouse across it's team, and to ensure CAPEX and Lease Operating Expense efficiency, as well as execution against it's Capital Plans.
The group believes that it will achieve between 200 to 250 barrels a day of production through it's first phase of remediation by December 2025, focusing on recovery efforts in the San Andreas formation where the wells are currently producing at depths varying between 5,000 and 5,000 feet. The company also intends to complete it's remediation efforts across it's South Texas assets by December 2025, adding between 50 to 80 BOED in production.
In Q1 2026, the group will begin it's evaluation re-entry into the Devonian through Vertical re-entry efforts across the existing wellbores. The Company's efforts are supported by a single direct offsetting well that is operated by an unrelated party, and that has produced over 275,000 cumulative barrels of oil at a depth of 12,600 feet, with a well location that is less than 3,000 feet away from over 7 of Vision Oil And Gas's existing San Andreas wells (the company's leases in Cochran County includes deep rights). If these test well re-entries prove successful, the company has identified over 200 existing and 200 new well locations to allow for vertical re-entry in the Devonian.
8:28 AM · Jun 11, 2025
·
41
Views
getmoreshares
3 days ago
$AZRH
Azure Holding Group Corp ($AZRH) Completes Merger with Vision Oil and Gas, Adding 404 Oil & Gas Wells and 26,000 Acres
MIDLAND, TX / ACCESS Newswire / June 11, 2025 / Azure Holding Group Corp (OTC PINK:AZRH) announced the completion of it's merger with Vision Oil And Gas,… pic.twitter.com/8PcqRbGLkM— American Industries (@americanmade_ai) June 11, 2025
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