Multi-Basin Asset Footprint
East Texas Basin
Acreage: 10,000+ Acres
Locations: Madison, Grimes & Leon Counties, TX.
Stacked pay targets: Buda, Georgetown, Edwards, Glenrose, and Lower Eaglebine connected to Enbridge Pipeline.
View Core OperationsPermian Basin
Acreage: 3,970 Gross Acres HBP
Location: Pecos County, West Texas.
Leon Valley Field & Middle Permian Field targeting shallow Yates sands (2,000–3,000 ft) with integrated SWD systems.
View Asset Optimisation
Illinois Basin
Portfolio: 50 Well Assets
Locations: Kentucky, Indiana & Illinois.
Shallow high-gravity crude (1,000–5,000 ft) with a signed long-term Country Mark Refinery offtake agreement.
View Basin-Portfolio
East Texas Core Operations
Madison County Flagship Acreage
Flamingo Operating holds premier contiguous leases in the Madisonville & Fort Trinidad field area:
- Key Leases: Jefe Chambless (676 acres), Jefa Wells (295 acres), El Dorado (288 acres), Foster (229 acres).
- Stacked Pay Targets: Multistage vertical & horizontal completions in Buda, Georgetown, Edwards, and Glenrose.
- Midstream Interconnect: Direct tie-in to the 10" Enbridge Gathering System (100 MMcf/d capacity).
Permian Asset Optimisation
Pecos County Production Surge
Flamingo Permian expanded field output from 20 BOPD to over 120 BOPD across 3,970 HBP acres in Pecos County, TX:
- Executed 6 new infill drills and 5 recompletions targeting Yates A, B, and C sands.
- Tested behind-pipe upside in the Tansill Dolomite and Dewey Lake formations.
- Complete facility restoration including 2,000+ bbl tank batteries and 2,000 B WPD disposal wells.
Illinois Basin Portfolio
Shallow Production Acceleration
Operates 50 held-by-production (HBP) wells across Kentucky, Indiana, and Illinois targeting shallow, high-gravity crude (1,000–5,000 ft).
42 shut-in wells staged for low-cost reactivation yielding rapid initial production response within 1–4 weeks per well.
Refinery Offtake Protection
Locked commercial offtake contract with Country Mark Refinery at WTI - $3.75 differential, no volume caps, and monthly payouts.
Ultra-low operating break-even at $12–$15 WTI provides downside price protection and stable cash flows.