Encore’s management team is an experienced operator of conventional and nonconventional oil and gas projects in Texas, Oklahoma and the Eastern US.
Encore’s immediate focus is the development of shallow oil and nonconventional gas/liquids projects in Kentucky. The US government provides qualified industry investors with the ability to deduct 100% of their investment in oil and gas against ordinary income. The Company currently has approximately 15,000 shallow oil and New Albany Shale gas lease acres under lease agreement in western Kentucky. The company is targeting the future potential acquisition of 50,000 lease acres.
Oil and gas exploration and development involves a high degree of risk. Encore attempts to mitigate this risk through the diversification provided by its multiple well drilling programs. Encore serves as the bonded well operator and lease owner for each project providing each partnership with direct control of operations. The Company's partnerships provide qualified participants with monthly income, real-time reporting, transparency, asset protection, maximum tax benefits and relatively low-cost drilling operations, as compared to similar oil and gas projects across the domestic US.
The 2015 Spring Bakken Oil Report recently released a feature article regarding Encore’s plans for the future.
The American Oil and Gas Reporter magazine previously released an article regarding Encore Energy, Inc. Article here
Encore is a proud member of the IPAA Independent Producers Association of America, Kentucky Oil and Gas Association, Bowling Green Chamber of Commerce, Society of Petroleum Engineers and American Association of Petroleum Landmen.
Cautionary Statement: This website may contain forward-looking information and certain goals and/or timelines may or may not be achieved by the Company. There exist tremendous risk and uncertainty associated with oil and natural gas exploration and development. No assurances can be made as to the future production rates, reserves, etc. for any given project. It is impossible to accurately forecast oil and/or natural gas production rates, reserves, prices, lease operating expenses, etc. No assurances can be made that the company will raise the necessary level of funding and/or achieve results from future operations to make the proposed future operations herein profitable.Encore does not provide tax advice. Interested parties should seek tax advice from their tax professional. There may be additional risks associated with the Company’s operations not known at this time such as project cost overruns, environmental risks etc. This is not an offer to sell a security nor is it an offer to buy a security. An offer shall be made only to Accredited investors (SEC Definition) by a private placement memorandum, and this is not a private placement memorandum.
© 2015 - Encore Energy - All rights reserved
Jan 8, 2015
Encore Energy Announces New Albany Shale Gas Lease Expansion in Preparation for Horizontal Drilling Operations
Encore Energy announced today that the Company is finalizing the acquisition of approximately ~12,000 additional lease acres in western Kentucky.
May 29, 2015
Encore Energy Speaks at the Low Oil Price CAPEX Reassessment Congress 2015 in Houston, Texas
Steve Stengell, President CEO of Encore Energy, Inc., participated as a expert speaker and panel member for the Low Oil Price CAPEX Reassessment, Cost Cutting, Financial Risk Management Congress 2015 at the Omni Hotel in Houston..
March 30, 2015
Encore Energy Featured in 2015 Spring Bakken Oil Report
Encore Energy announced today that the Company has recently been featured in the 2015 Spring Bakken Oil Report.
July 15, 2015
Encore Energy, Inc. Provides 3rd Quarter
Operations Update for its 30-well Oil
Program in Kentucky
Encore Energy, Inc. is the most active operator in south central Kentucky and on track to become the largest lease owner and producer in the region.
July 23, 2015
OPEC is Winning the War Against US Shale - Oil Prices Positioned for Solid Recovery
Global oil production is declining and long-term supply may not meet demand in the not so distant future.