OUR STRENGTHS & FOCUS
STATESIDE’s commitment is to operate a growing, profitable and ethical company. A company dedicated to bettering our investors, our employees, and our communities. A company with a clear focus on creating a trustworthy, honest and nurturing environment for all of our stakeholders while maximizing the potential return on the exploration of oil and gas in Western Pennsylvania’s Bradford Sands.
Under the leadership of Bobby Pastorius and Patrick Janin, Stateside strives to deliver above average returns with best in class tax benefits for our investors and, at the same time, mitigating all risks that are within our capabilities.
At the forefront of Stateside’s success are its people. We ensure that the right people with the right values are in the right roles—and have the authority to make sound decisions. Each of our expert team members brings an important skill set that makes a vital contribution to our overall mission.
We are devoted to being ecologically and environmentally responsible not because it is legally required, but because we believe it is the most conscientious and most profitable way to conduct our business. These responsibilities are at the core of STATESIDE’s nature.
OUR PROCESS - FORGE™
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.
- Geology first, Economics second.”
We meet with the Department of Environmental Protection on every one of our projects to fully understand all existing or potential impacts.
OUR COMPLETED PROJECTS
100% Success in Finding Oil and /or Gas
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WHAT OUR INVESTORS SAY
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.”
CURRENT STATESIDE PROJECTS
Please find below details about our current project(s). We also create projects specifically to investors, family offices and investment companies that want complete control over the extraction decisions to better control their economic returns.