Why lease or sell to Cordillera?
- Aggressive Offers: We pay at or above market based terms for leasehold and are experienced to move quickly on simple or complex trades.
- Defined Areas of Focus: Our investments in leasehold acreage is focused on areas where Cordillera actively drills and operates. The likelihood of further development activity in leasehold acreage blocks we acquire is higher than most of our competitors.
- Active Developer: We are not an asset warehouse. Our business strategy employs an acquire and exploit model that accelerates the pace of development drilling on the acquired leasehold or assets.
- Financial Strength: As a privately funded company, we have a strong balance sheet with over $500 million in equity plus available credit to follow through on all sizes of leasing and asset acquisition opportunities.
- Right Sized Organization: We are small enough (staff of 35) to remain focused in the areas we operate and flexible enough to accommodate lessor's reasonable leasing terms and seller’s preferences for creative asset acquisitions.
- Responsible Operator: We are a prudent, responsible, low cost operator. In the areas we operate, we have a disciplined approach to efficiency and cost reduction. Our technical team is highly experienced in drilling and completions in both horizontal and vertical wells. We do what we say and go the extra mile to prove we are a good neighbor in the communities we operate.
- Relationship Driven: Our acquisition strategy incorporates a win-win philosophy to deal making. We strive to build relationships and partnerships that stimulate additional transactions down the road.
- Highly Experienced Team: Our team of engineers, geologists, landmen and other professionals have a strong experience base. This translates to being able to execute on acquisitions, leasing and drilling in a highly professional and effective manner.
- Experienced Vertical and Horizontal Driller: We have a dedicated team of drilling and completion engineers as well as development geologists that have completed over 280 wells in the last decade.
- Active Producing Property Buyer: With over 25 years of demonstrated acquisition experience to evaluate and pay for producing and underdeveloped reserves, Cordillera has closed over 35 acquistion transactions ranging in size from less than $1 million to $300 million.
Contacts for Leasing:
Frank W. Nessinger
Vice President, Land
(303) 785-1549 (dir)
(303) 290-9997 (fax)
(303) 204-5810 (cell)
Email: fnessinger@cordilleraep.com
Contact for Asset Acquisitions:
R. Steve Fitzgerald
Vice President, Business Development
(940) 241-2227 (dir)
(940) 241-3338 (fax)
(817) 343-7566 (cell)
Email: sfitz@cordilleraep.com
Main areas of focus for leasing and asset acquisitions:
Active Plays:
- Anadarko Basin: Texas Panhandle & Western Oklahoma, Lipscomb, Ochiltree, Hemphill, Roberts, Wheeler, Roger Mills, Ellis, and Beckham Counties
Developing Plays:
- East Texas Basin
- Appalachian Basin