Sethi Petroleum Considers Joint Venture Deal In Weld County, Colorado
Sethi Petroleum, a company specializing in oil and gas investments headquartered in Plano, is looking at a promising joint venture opportunity in Weld, Colorado.
Sethi Petroleum, a company specializing in oil and gas investments headquartered in Plano, is looking at a promising joint venture opportunity in Weld, Colorado. The opportunity would cover 669 net acres of land in the northern Colorado township. This project is currently being assessed by Sethi Petroleum's team of seasoned landmen, geologists, petroleum engineers, CFAs, oil & gas lawyers and CPAs.
"Our company strives to offer only the best projects possible to potential investors," saysSameer P. Sethi, President of Sethi Petroleum. "We have an experienced team of oil and gas professionals who carefully assess each project that comes to us with the utmost diligence."
This joint venture would allow Sethi Petroleum to expand its stake exploratory efforts throughout Colorado. The Environmentally Conscious Consumers for Oil Shale has estimated that the Green River Formation in Colorado contains about 1.3 million barrels of oil per acre on average and holds one of the richest deposits of oil shales in the United States. Data shows that this oil shale could possibly contain twice the oil of Saudi Arabia.
"We have been consistently following the countless hours of research, development and exploratory efforts taking place in the Colorado oil shale," says Sethi. "We are confident that this deal will be a financially beneficial endeavor and look forward to expanding our reach throughout the Green River Formation."
About Sethi Petroleum, LLC
Sethi Petroleum, LLC is a diversified independent energy producing company headquartered in Dallas offering oil and gas investors portfolio diversification, tax incentives and ground-floor investment opportunities. Sethi Petroleum provides private and institutional investors the opportunity to capitalize on the oil and gas industry through its extensive network of business contacts and professional affiliations developed over the past ten years.
SOURCE: Sethi Petroleum, LLC