RBT Oil Group

 RBT Oil group (RBT) is an upstream operating company , formed in June 2016. RBT was originally formed as a consulting and project solutions for O&G projects, focused on geoscientific data analysis and interpretation. After several years working on processing and interpretation projects in South America, Central America, East Europe and the US, it was decided to start business partnerships with small oil and gas companies to develop existing or new fields. Since 2017, the RBT team has spent considerable time identifying and researching various projects in proven fields in South and East Texas.  RBT was registred in Texas in 2019.

RBT is seeking for funding to this project located in south Texas (Barfield Estate, in Dubal County). This project is located in area that have successfully produced and currently producing oil. In short, most of the investment will be directed to field operations that include: two (2) Hidraulic Fracking and cleaning.

Currently these wells have a small production but after workovers these wells can produce around 100 Barrles per day, this allows us to offer the investor:

I.    Repayment of the initial investment reaches 150% of the original Investment or ($ 1.02 MM +-). The investment payout (150%) is projected to be within 28th months.

II.    In addition to repayment of 150% of initial investment, the investor will receive 40% of the Net Cash Flow going forward for the life of the well(s) for all projects .

III. This represent 1,67 Millon US$ in 5-Yr for investor, of which 600 KUS $ would be in the first 12 months.

This investment will have a guarantee, 3 existing oil wells and reserves calculated around 3.7 Million barrels proven, this will be our guarantee. 

The complete field development would require 36 new wells to develop the whole block.

 Asset History

- There are several oil and gas leases historically associated with Barfield Estates. The latest company who worked on the area was Luca Oil. They couldn’t developed the lease due to lack of money

- A landfund was set on place to have cash flow to allow for a quick leasing, including the use of existing, shut-in wells

- El Mesquite field - one mile east - produced 2.5 MMBO from same formation and 10 BCF of gas from 107 wells tapping Cook Mountain No 3 (5,200 ft) formation. The Hellen field is located 5 miles SE and produced 1.6 BCF from Cook Mt 2 formation.

 Afterword

This is a low-risk investment: there is geological and geophysical information in the neighborhood of the existing wells, the team has extensive operation experience, good networking within the oil patch.  Exciting production and pricing scenarios for the next 18 ̶ 24 months. 

Investor(s) for Phase I will have the first call to participate in Phase II: we foresee completing one (1) workover on Luca #1 well and drill one (1) New Well for an investment around $1,35MM, and Investor’s NPV(10) ≈ $2.45MM; IRR ≈ 62% ; Pay-out ≈ 24 months, 

Lease block Potential Production of 1,500 BOPD, with a NPV(10) ≈ $50.0MM, and IRR ≈ 72%. 

Other investment and partnership opportunities available on RBT portfolio.