Formed in March 2004, Kitty Hawk has over 300 years of experience. Kitty Hawks goal is to compress the business cycle and drill 8-10 low-risk development prospects in the coming 18 months while the F&D (Finding & Development) costs are low with partners like you. Kitty Hawk has an enviable record of 88% drilling success. Kitty Hawk is a niche player, prospecting in South Louisiana.
THE KITTY HAWK EDGE:
- THE “KITTY HAWK EDGE” IS A PROVEN GEOTECHNICAL AND BUSINESS SELECTION PROCESS THAT REDUCES RISK, PROMOTES SUCCESS AND YEILDS SIGNIFICANT RETURNS FOR KITTY HAWK AND ITS PARTNERS.
- KITTY HAWK ENERGY FORMED THE K*PARTNERS PROGRAM TO COMPRESS THE BUSINESS CYCLE, TAKE ADVANTAGE OF THE CURRENT PRICE ENVIRONMENT AND LOWER FINDING & DEVELOPMENT COSTS.
- THE FORECASTED K*PARTNERS DRILLING PROGRAM RETURN ON INVESTMENT GOAL IS A MINIMUM OF A RISKED 3:1, ROI.
- INVESTORS WILL RECEIVE DIRECT OWNERSHIP INTEREST IN EACH INDIVIDUAL DRILLING PROSPECT.
- THE K*PARTNERS PROGRAM WILL BE GOVERNED BY AN INDUSTRY STANDARD OPERATING AGREEMENT.
- THE CURRENT INVENTORY CONSISTS OF 13 PROSPECTS LOCATED WITHIN A 150 MILE RADIUS OF LAFAYETTE, LA.
- THE PROSPECT INVENTORY IS CONTINUOUSLY GRADED TO INSURE OPTIMAL QUALITY.
- PROSPECT RESERVES RANGE UP TO 2MM/BBL AND 30 BCFG.PROSPECT DEPTH RANGE FROM 4,500 - 12,000.
- PROBABILITY OF SUCCESS (POS) RANGES FROM 70% - 75%.
- THE K*PARTNERS DRILLING PROGRAM IS SCHEDULED TO COMMENCE IN THE SECOND QUARTER OF 2017 AND CONTINUE THROUGH 2019.
- ASSETS CAN BE MONETIZED IN 2020 DEPENDING ON MARKET CONDITIONS.
OIL & GAS INDUSTRY FACTS
- FINDING AND DEVELOPMENT COSTS ARE DOWN 50-60%. DRILLING CONTRACTORS AND RELATED SERVICE COMPANIES HAVE REDUCED THEIR COSTS SIGNIFICANTLY.
- MATURE FIELDS ARE BEING ABANDONED PRIOR TO BEING FULLY EXPLOITED.
- THE TIMING IS OPTIMAL TO DRILL WITH LOWER COSTS AND THE EXPECTED RISE OF OIL AND GAS PRICES.
- KITTY HAWK ENERGY HAS A LONG ESTABLISHED TEAM OF 8 SUCCESSFUL SOUTH LOUISIANA GEOLOGISTS, GEOPHYSICISTS, ENGINEERS AND ENTREPRENEURS.
- OIL & GAS COMPANIES OFTEN SEEK INVESTORS FOR THE DRILLING OF A SINGLE WELL. THE RISK IS MUCH GREATER WITH A SINGLE WELL THAN WITH A DRILLING PROGRAM THAT INCLUDES MULTIPLE PROSPECTS.
- KITTY HAWK ENERGY SEEKS TO ACCELERATE ITS SUCCESS BY DRILLING 8-10 LOW RISK PROSPECTS IN THE NEXT TWO YEARS, ENABLING OUR INVESTOR TO DIVERSIFY IN ORDER TO REDUCE RISK AND INCREASE SUCCESS.