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Responsible with complete Transparency
Encore II's team of seasoned experts bring over 40 years of experience in the oil and gas industry, covering exploration, drilling, production, and operations. They have successfully owned and managed multiple thriving enterprises, demonstrating strategic acumen and industry leadership.
Encore II enters the market post-decline curve stabilization of major oil companies like ExxonMobil, Chevron, and Shell. By aggressively pursuing numerous acquisition opportunities, we ensure that we are able to create significant value for our shareholders.
Identify oil wells with good residual oil in place.
Expand the additional wells and fix up older wells and equipment.
Drill new wells in these older fields (some CAPEX required, but much less than drilling a new field or doing hydraulic fracturing).
Apply the proprietary stimulation chemistry and methods typically resulting in increased production between 50 to 400% per well.
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Encore II's team drilled a “five-spot " chemically enhanced water flood using ABC technology in their previous venture, Encore I.
Recent results are showing 4 bbls/d production per well, 8 x higher than previous attempts by others to produce oil in this general area.
Most recently, using this same technology, our partner operator completed the sale of 2,400 producing wells in New Mexico and Texas.
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Bio based chemistry and environmentally friendly.
Significantly less energy intensive when compared to hydraulic fracturing.
No new field destruction of the environment. Use existing well bores to re-entry and re-complete, re-stimulate the wells.
Excellent financial returns using this unique approach in the industry.
Let’s Get Things Moving
A Focus on Sustainability
Our technology is based on sustainable biotechnology.
The Goal to be Less Energy Intensive
Encore II oil production is much less energy intensive than hydraulic fracturing of shale, ensuring long term sustainable economics.
A Solution for the Energy Transition Period
Low intensity oil production is important during this energy transition period.