Name
KEM Energy, Inc.
What We Do
KEM Energy is looking for non-operating partners to further develop this Wyoming asset to reach 5000 BOPD. This is currently making 500 BOPD and 8 million USD net cash flow per year. Our goal is to boost production to 1000 BOPD this year to make 15 Million USD cash flow. Total 600 wells. Production was 250 BOPD and now production is 500 BOPD(100% oil). Very shallow conventional light oil (API 36-42). Total 6pay zones. 10000 acres with more than 40 MMBO recoverable reserve. The main production zone recovery rate is still less than 6%. Production is increasing now and can be increased to 1000 BOPD in one year with enough investment. 100% WI with existing infrastructure and experienced local team, including two workover rigs and other production facilitiesand equipment, 20 buildings and mechanical shop, etc. Extensive geological and production data available, including seismic data for review.
Website
Phone
213-359-8906
Address
12651 Briar Forest Dr.
Suite 151A
Houston, TX 77077
United States
Suite 151A
Houston, TX 77077
United States