Array Petroleum400 Poydras Tower, 400 Poydras St, New Orleans, Louisiana, United States

Array Petroleum is a privately held, independent oil and gas operations, production and exploration company primarily focused on the shallow State and Federal waters of the Gulf of Mexico and onshore along the Louisiana Gulf Coast.Array seeks to systematically acquire producing oil and gas properties, and through operations optimization and prudent capital investment, safely and profitably grow production and reserves. The Company is focused on enhancing cash flow by lowering costs and maximizing production. While growing profitability, Array strives to maintain its reputation as a trusted and experienced operator with an exceptional environmental and regulatory record.

The Management team averages over 27 years of experience with expertise in geology, production management and engineering. Array’s strong team has extensive operational and technical expertise in onshore and offshore GOM assets for majors, independents and private companies. This experience coupled with an outstanding history of environmental and regulatory stewardship demonstrates Array’s capability to also operate properties safely and efficiently for other E&P companies.

Strategy
Array’s strategy is to acquire producing oil and gas properties and through operational optimization and economic capital investment safely and profitably grow production and reserves. Array also seeks to partner with other E&P companies to operate on their behalf.

Expertise
The Management team averages over 27 years of experience with expertise in geology, production management and engineering. Array’s strong team has extensive operational and technical expertise in onshore and offshore GOM assets for majors, independents and private companies. This experience coupled with an outstanding history of environmental and regulatory stewardship demonstrates Array’s capability to also operate properties safely and efficiently for other companies.

Track Record
The Array management team has a strong operations record in South Louisiana and the Federal Waters. Within months of our most recent acquisition, East Bay, Garden Island Bay, and Bateman Lake Fields, we increased production by 19% and reduced OPEX by 26%, therefore lowering our cost breakeven by 47%.