Maximizing returns
Low cost development
Environmentally concious
Efficient opperations
Stateside’s commitment is to operate a growing, profitable and ethical company. Creating a trustworthy, honest and nurturing environment for our Investors while maximizing returns on the exploration of Oil & Gas in Western Pennsylvania’s Bradford’s Sands
Our investors know that they can trust us to do the right thing.
The manner in which we nurture investor relationships is what sets us apart from our competition.
Risk mitigation is critical and something that we focus on very early in the process.
Many risks loom in the oil and gas industry including issues such as commodity price, geology, operational, environmental, and safety.
STATESIDE is committed to drilling in an environmentally responsible way,
following—or exceeding—all federal and local regulations. We pride ourselves on our stellar track record with Pennsylvania’s Department of Environmental Protection Agency and with the local municipalities where we drill.
We invest side by side with our investors often directly
and always through our General Partnership participation. We pride ourselves on building win-win relationships along the whole value chain.
At the forefront of Stateside’s sucess are its people. We approach every new project using FORGE TM, our unique modeling system.
Our financial focus is on value creation and robust cash flow generation
Execution is the discipline of getting things done. Without a strong operational plan there is no point in deploying capital.
Risk comes primarily from not knowing what you’re doing. The FORGE™ process regroups all potential controllable risk in a matrix, which allows us to evaluate and gauge our risk profile.
We look for significant inventory of high quality, low risk, oil focused development leases.
We meet with the Department of Environmental Protection on every one of our projects to fully understand all existing or potential impacts.
Project | Year Completed |
Revenue | Tax benefits |
Wells | Oil | Gas | NGL | State | County | Dry Hole | Plugged or Abandonned |
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EMPIRE 1 | 2019 | 4 | NY | Cattaraugus | |||||||
LIBERTY 16 | 2016 |
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9 |
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PA | MCKean | |
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LIBERTY 15 | 2015 |
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7 |
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PA | MCKean | |
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LIBERTY 14 | 2015 |
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7 |
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PA | MCKean | |
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LIBERTY 13 | 2015 |
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5 |
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PA | MCKean | |
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LIBERTY 12 | 2014 |
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7 |
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PA | MCKean | |
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LIBERTY 11 | 2014 |
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5 |
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PA | MCKean | |
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LIBERTY 10 | 2013 |
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5 |
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PA | MCKean | |
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LIBERTY 9 | 2013 |
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4 |
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PA | MCKean | |
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LIBERTY 8 | 2013 |
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5 |
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PA | MCKean | |
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LIBERTY 7 | 2012 |
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4 |
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PA | MCKean | |
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LIBERTY 6 | 2012 |
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5 |
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PA | MCKean | |
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LIBERTY 5 | 2012 |
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3 |
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PA | MCKean | |
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LIBERTY 4 | 2011 |
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6 |
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PA | MCKean | |
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LIBERTY 3 | 2010 |
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4 |
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PA | MCKean | |
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LIBERTY 2 | 2009 |
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3 |
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PA | MCKean | |
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