A Letter From the President
Every prospective venture evaluated by AEGIS is first evaluated for 1) return on investment potential, and if the prospective venture meets AEGIS’ potential return on investment requirements, the prospective venture is then evaluated for 2) potential risk.
Our investment strategy in oil and gas exploration centers around our objective to maximize the potential return on investment and to attempt to minimize the potential risk for our venture partners and ourselves. The best strategy for attempting to minimize risk in a prospective venture is to drill in areas where there are known oil and natural gas reserves in the target formation indicated by the presence of any past or present producing wells, produced or producing from the target formation.
This investment strategy requires AEGIS to focus on the drilling of development wells versus the drilling of exploratory wells, that is, drilling wells in areas where there are wells known to have been completed in and produced from the target formation in fields which our geologists believe there to be substantial oil and natural gas reserves to be present. This process requires extensive research which is requisite for the development of a successful venture.
In seeking venture partners, AEGIS OIL LLC is interested in knowledgeable partners who actively wish to participate in the exciting and potentially profitable business of oil and gas exploration.
Aegis Oil, LLC