Low cost development
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.
Risk mitigation is critical and something that we focus on very early in the process.
STATESIDE is committed to drilling in an environmentally responsible way,
We invest side by side with our investors often directly
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.
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I’ve never encountered a company that conducts itself with such honesty and integrity. Stateside even discouraged me from making as big an investment as I initially wanted and advised I should wait and diversify my portfolio by investing later in future fields. I consider them my oil and gas partners and have even discussed other projects with them.
I had concerns about the environmental impact of drilling oil wells in such a beautiful area so Bobby personally drove me around the field (which was in the middle of a forest). I was able to inspect their existing wells and see exactly where my wells would be drilled. Stateside not only takes obvious pride in the quality of its work, but is also extremely respectful of the environment. The way they reclaim land is impressive and there is a minimal negative environmental footprint.
I’m one of those people who are extremely averse to taking risks of any kind. I always do an exceptional amount of due diligence before making any kind of investment. I have to say that I’ve rarely encountered a company that has been so open and transparent—a company that didn’t hesitate to provide clear and concise answers to all of my questions.
My wife and I are both high-income earners, so from day one the tax benefits and monthly cash disbursements made our investment a no-brainer. But Stateside more than showed its expertise when oil prices dramatically dropped in 2014. The company was incredibly innovative creating and positioning programs to capitalize on the tax benefits upfront while deferring potential income for when we hope the price will rebound.
Everyone at Stateside went out of their way to give us personal attention. They worked hard to understand our personal needs and even harder to meet those needs. We couldn’t have been more impressed and highly recommend the company.”