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Drilling For New Opportunities

by AOG Wealth Management

2014 APX Due Diligence tripPictured above are Larry Lyons, SVP of Due Diligence at Kalos Financial, Jake Campbell, the Principal of Campbell Drilling, Justin Reich, the CEO of APX Energy, Jim Ortlip, Senior Analyst, and myself from AOG Wealth. Shane Twomey, Director of Business Development also attended the meeting. We traveled to lovely Evansville, Indiana to review the APX 2014 Drilling programs. In addition to inspecting one well during the drilling process, we also visited a well that had been drilled and fractured, and was being completed prior to going into full production.

Although I had just reviewed the program onsite last year, I wanted to accompany Shane and Jim on their first review of APX. The weather was pretty steamy however, we were able to drive through several of the fields that are producing from previous years programs and see several of the drill sites for the 2014 program that are not yet being drilled. We also examined the infrastructure of tanks and pipelines necessary to store and transport the oil to the local refinery.

Frederick Baerenz
President & CEO

Category: Blog