ABOUT US
Petralis Energy Resources is a Texas-based E&P company focused on the development of conventional, repeatable and low commercial risk mature or brown-fields in North America
Petralis Energy Resources is a Texas-based E&P company focused on the development of conventional, repeatable and low commercial risk mature or brown-fields in North America
The Petralis Energy Resources team has a proven track record of identifying, developing and monetizing oil & gas assets in our focus area and a history of successfully working together as a team.
The Petralis Energy Resources team has a proven track record of identifying, developing and monetizing oil & gas assets in our focus area and a history of successfully working together as a team.
- Legacy producing fields with exploitation and enhanced recovery opportunities;
- Low OpEx plays with high oil content and rich gas;
- Returns greater than 15% with current commodity prices;
- Pre-existing infrastructure, or limited capital required to bring products to market;
- Moderate acreage position with stacked pay (bail-out zones);
STRATEGY
Petralis Energy Resources is a Texas-based E&P company focused on the development of conventional, repeatable and low commercial risk mature or brown-fields in North America
OPERATIONS
Petralis Energy Resources is currently operating Tennesse Colony Field in Anderson County and working to expand operations in Cherokee, Smith and Henderson Counties in Texas.
LEADERSHIP
We have a breadth and depth in senior management, project delivery, subsurface engineering and geoscientist
Senior Management
Paul B. Loyd, Jr.
Paul B. Loyd Jr. is a Manager of Loyd and Associates. Mr.Loyd served as Chairman of the Board and Chief Executive Officer of R&B Falcon Corporation, the world’s largest offshore drilling company from December 1997 until its merger in January 2001 with Transocean Sedco Forex. From April 1991 until December 1997, Mr. Loyd was Chairman of the Board and Chief Executive Officer of Reading & Bates Corporation. During that period, he formed Reading & Bates Development Company which engaged in offshore oil and gas exploration and production, as well as the design and engineering of offshore production systems.
Assets
