Eastland Energy Group, Inc., is located in Eastern Ohio. We assist clients from the initial land leasing phase, through completion of the well, to the operation of the well over its producing life. We deal with investors who are qualified to invest in our well programs, on a cost plus turnkey basis. We have acreage positions in the Clinton, Marcellus, Rose Run and Utica plays, and are currently taking leases in eastern and southeastern Ohio. We also help Landowners and professionals with curative work on mineral rights, we have a Landman on staff. Eastland Energy Group, Inc. is a private corporation that was formed by an experienced oilman of over 25 twenty-five years. Michael J. Belaj (President) owns 100% of the stock in Eastland Energy Group, Inc. Eastland Energy Group, Inc. is a bonded independent producer of oil and gas in the state of Ohio. We have wells located in Guernsey, Muskingum, Noble and Wayne Counties. Eastland Energy Group Inc. is constantly reworking existing wells and looking to drill new wells that meet our standards.
Our Mission
As many people are aware, the oil and gas business can be a risky one, but there are ways to lower the risks involved. We believe that investing in currently producing oil and gas wells or drilling offset wells has a much lower degree of risk then rolling the dice and betting on a wildcat well. When Eastland Energy drills a well, we attempt to minimize drilling risk by drilling a well that offsets existing production. We typically drill in area were wells have proven production and are currently producing. There is always risks involved when drilling a well; that’s why Eastland employs competent drilling crews, engineers and geologist to ensure that the drilling operation run smoothly. Eastland Energy Group, Inc. examines every opportunity to acquire good, producing properties. After targeting a property, we research the surrounding wells and production history, examine the engineering , and finally, we enter into negotiations with the property owner. We believe that these days a focused independent operator can acquire producing properties and improve payback by reworking wells and reducing administrative overhead and operation costs. There are many oil properties available today that present solid cash flows and very realistic opportunities to increase their present daily production rates and overall recoverable reserves. This is achieved through improved maintenance, utilization of surface equipment, replacement of down hole equipment and simply better field monitoring and management. There is a great deal of difference between the day to day operations of a large, major oil company and the smaller, leaner independent oil company, leading to improvement in the efficiency and increase in asset value. Eastland Energy Group, Inc. is always seeking to acquire quality properties at favorable prices. We at Eastland are always working hard for our investors.
As many people are aware, the oil and gas business can be a risky one, but there are ways to lower the risks involved. We believe that investing in currently producing oil and gas wells or drilling offset wells has a much lower degree of risk then rolling the dice and betting on a wildcat well. When Eastland Energy drills a well, we attempt to minimize drilling risk by drilling a well that offsets existing production. We typically drill in area were wells have proven production and are currently producing. There is always risks involved when drilling a well; that’s why Eastland employs competent drilling crews, engineers and geologist to ensure that the drilling operation run smoothly. Eastland Energy Group, Inc. examines every opportunity to acquire good, producing properties. After targeting a property, we research the surrounding wells and production history, examine the engineering , and finally, we enter into negotiations with the property owner. We believe that these days a focused independent operator can acquire producing properties and improve payback by reworking wells and reducing administrative overhead and operation costs. There are many oil properties available today that present solid cash flows and very realistic opportunities to increase their present daily production rates and overall recoverable reserves. This is achieved through improved maintenance, utilization of surface equipment, replacement of down hole equipment and simply better field monitoring and management. There is a great deal of difference between the day to day operations of a large, major oil company and the smaller, leaner independent oil company, leading to improvement in the efficiency and increase in asset value. Eastland Energy Group, Inc. is always seeking to acquire quality properties at favorable prices. We at Eastland are always working hard for our investors.
Company Name | Eastland Energy Group, Inc |
Business Category | Oil & Gas |
Address | P.O. Box 1076 Cambridge Ohio United States ZIP: 43725 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | Monday -Friday - 8:00 AM - 4:00 PM |
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Website | Locked content |