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Gulf Coast Western was founded in 1970 for the purpose of exploring, developing and acquiring domestic oil and gas reserves, primarily in the Gulf Coast region of the United States. Historically, operations have focused on that area with some activity in Kansas and Oklahoma. With a new generation of leadership and dynamic strategic partners, Gulf Coast Western is also entertaining expansion opportunities in other areas in the United States. Our core exploration and lease acquisition activities are in the oil and gas rich Gulf Coast region where we have access to thousands of acres to be developed in the coming years.

 

Gulf Coast Western was founded in 1970 for the purpose of exploring, developing and acquiring domestic oil and gas reserves, primarily in the Gulf Coast region of the United States. Historically, operations have focused on that area with some activity in Kansas and Oklahoma. With a new generation of leadership and dynamic strategic partners, Gulf Coast Western is also entertaining expansion opportunities in other areas in the United States. Our core exploration and lease acquisition activities are in the oil and gas rich Gulf Coast region where we have access to thousands of acres to be developed in the coming years.

Our strategic partnerships with well established industry partners allows us to combine our resources, talent, industry know-how and experience to create unique opportunities for our company and our partners that we believe will provide long-term rewards and ensure a bright future for Gulf Coast Western.

Corporate Overview
Gulf Coast Western, LLC is a business accredited by the Better Business Bureau of Dallas, TX and serves as the Managing Venturer of Oil & Gas General Partnerships otherwise known as Joint Ventures. Its principal purpose is to select opportunities that, if successful, are income producing, provide favorable profit-to-investment ratios, tax benefits, and reasonable payouts.

Management
Honesty, ethics and business integrity have long been guiding principals of the company. Comprised of second generation leadership and a senior staff of experienced oil and gas professionals, Gulf Coast Western has a management team that has worked together for decades and is an integral part of our reputation and platform for success.

Evaluation
Gulf Coast Western and our team of industry veterans have the experience, knowledge and extensive relationships to source, evaluate, acquire and operate projects that have the greatest potential for success. All projects are screened using the highest industry standards and state-of-the-art technology and must meet Gulf Coast Western's stringent analysis and technical evaluation criteria before they meet our criteria for participation.

Opportunity
As our economy recovers, the supply and demand for oil and natural gas will play a pivotal role because domestic energy resources are vital to a vibrant economy. Not only is Gulf Coast Western positioned to contribute to the supply for that demand, we are uniquely positioned to identify and capitalize on the right opportunities at this unique time in our history.

Furthermore, United States’ energy consumption is expected to continue to increase more rapidly than domestic supply through 2030. United States’ demand is projected to increase from 21 million barrels per day in 2005 to 27 million barrels per day in 2030. Total demand for natural gas in the United States is forecasted to grow from 22 trillion cubic feet in 2005 to over 26 trillion cubic feet in 2030.

Tax Advantages
Both drilling expenses and production income currently offer excellent tax advantages.

Control
Partners retain 100% control over their Joint Venture.

Timing
Gulf Coast Western participates with industry partners that are able to schedule, drill and, in the event of success, produce and/or market oil and natural gas in a very timely manner, taking advantage of the imbalance of domestic energy supply versus demand that exists in our country today.

 

Last Updated on Wednesday, 30 June 2010 13:21