JP Oil Holdings

JP Oil is a family-owned and operated independent oil and gas company headquartered in Lafayette, La., with properties and operations in numerous states. Since 1986, JP Oil has acquired properties that are typically large, field-wide units acquired through private negotiations. In addition, fields have high working interest with operations, contain multiple reservoir intervals and have large resource bases of existing wellbores. Typically, a property is purchased at an attractive price because it doesn't fit the current strategy of its operator, or its operator did not have the specific strengths and experience needed to operate these niche properties. JP Oil has a history of successfully revitalizing such properties, constantly learning and replicating the success of other properties. This knowledge and well servicing infrastructure gives JP Oil the distinct advantage over other producers in optimizing field economics. As a proven, experienced operator, JP Oil has received numerous awards for its operational expertise. This expertise includes both operating in an environmentally responsible manner and revitalizing fields which have been under-utilized by previous operators.