Texas Energy Group
19019 Hwy 71 West
Spicewood TX 78669
Ph (512) 263-8106
Fx (512) 263-8136
Ph (877) 893-6749
Fx (512) 263-8136
Texas Energy Group, LLC (TEG) Affiliate Makes Headway In EagleFord Shale Salt Water Disposal Marketplace
Texas Energy Group, LLC (TEG) recently announced the formation of its affiliate, 5 Star SWD, LLC, a private equity management firm capitalizing on the growing commercial salt water disposal and injection well marketplace.
FOR IMMEDIATE RELEASE
Austin, TX – October 16, 2014- Texas Energy Group, LLC (TEG) recently announced the formation of an affiliate private equity management firm, 5 Star SWD, LLC (5 Star). 5 Star is a Texas Limited Liability company formed to manage investments specific to the salt water disposal (SWD) arena.
Since 5 Star’s recent entrance into the SWD marketplace, they have already been able to secure and permit a variety of top-notch locations throughout the EagleFord Shale. Texas Energy Group’s President, Waylan Johnson, credits 5 Star’s ability to secure such quality acquisitions to the long standing industry relationships and strong reputations of its Managing Partners.
“It is no surprise to me that 5 Star has been able to hit the ground running and so quickly position itself in the forefront of the SWD marketplace within the EagleFord shale. ALL Consulting and Trend Environmental are both experts in this arena and have created a strong name/presence for themselves over the years. With a couple of their founding members now acting as Managing Partners of 5 Star and spearheading 5 Star’s entrance into this area, we are truly able to penetrate the market unlike any other newly formed entity. In a way, it is as if we are being given the red carpet treatment into the hottest yet most exclusive trend,” further stated Mr. Johnson, who also serves as President of 5 Star SWD, LLC.
Greg Casey is Vice President and co-founder of 5 Star SWD, LLC as well as ALL Consulting (www.all-llc.com). Throughout his impressive 29 years in the water consulting business, he has consulted throughout 15 states, the North Sea, Middle East, New Zealand and South America. Having created a strong presence in the EagleFord Shale over the last 3 years, Mr. Casey and ALL Consulting now work for 80% of the top 40 oil companies in the EagleFord. Mr. Casey’s expertise has also brought him to testify as an expert witness in front of the Texas Attorney General and the United States Senate.
John Kelly & Kurt Knewitz are both co-founders of 5 Star SWD, LLC and business partners in Trend Energy Partners. Together, they have a long standing history of land and mineral management experience as well as M&A experience. Considered highly respected within the industry, they bring numerous relationships to the table with both major and small corporate oil companies.
5 Star will be focusing its efforts mainly within Texas but has plans to move into the Appalachian & Williston Basin within the next year.
For further information regarding topics discussed in this article please contact Texas Energy Group, LLC directly via their Investor Relations Department; (877) 893-6749 or visit them on the web at www.TexasEnergyGroup.com where you can sign up for the TEG (corporate) mailing list and receive up to date information on general TEG activities, including all TEG press releases. Emails may be directed to Info@TexasEnergyGroup.com
Texas Energy Group, LLC (TEG) is an Austin, Texas based oil and gas exploration and development company specializing in bringing industry prospects to the private investor. With company principals having over 24 years of involvement in the oil and gas industry, TEG has been involved in numerous ventures and partnerships, including ownership of two operating companies that have operated numerous projects from North Dakota to Texas.
TEG has been fortunate to assemble a highly qualified network of geologists, engineers, geo scientists, and operators who have ultimately played a huge role in the company's success. With thanks to their highly educated and experienced team, TEG has created a proven track record of success.
The company has pursued a policy of drilling lower-risk oil and gas prospects, usually located in areas of proven production. Through TEG's unique multi-well projects, they are able to mitigate their investors' risk by extending the investment across multiple wells, increasing the investors' probability for success. TEG also adheres to a stringent project selection process in an effort to further mitigate investment risks. Under their stringent project selection process, TEG requires all of their prospective projects to past rigorous geological analyses performed by their experienced team of geologists and geo scientists.
More recently, TEG has taken this same lower-risk business model and adapted it to fit within the managed fund structure that its newly formed affiliate company, Spicewood Energy Management, LLC, now offers. Through registered Limited Partnerships, SEM is able to offer its qualified participants the same multi-well diversification and IDC tax benefits, while providing a structure which allows the investors truly preferential cash flow and capital preservation.
Disclaimer: This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of Texas Energy Group, LLC (TEG). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the TEG website, including, but not limited to, statements regarding future performance of events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual events to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the TEG Website will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the TEG Website might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of actual or future results. Also, Texas Energy Group, LLC., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG activities have conflicts of interests. The price received for the oil and natural gas produced from any investments, activities, properties may be less than quoted NYMEX prices at any given times. TEG does not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information contained herein should not be construed as investment advice. TEG is not a tax professional and does not offer any tax advice.
Disclaimer: Information herein is not intended to be any form of solicitation. Information found on this page and throughout this entire website is neither an offer to buy or sell securities or other investments.
© Copyright 2013 Texas Energy Group, LLC
Multi-well drilling package, multi well package, multi well investments, price of oil, price of gas, gas prices, oil prices, oil exploration, oil and gas exploration, oil exploration and development, gas exploration and development, oil, gas, gas drilling, drilling for gas, oil drilling, drilling for oil, drilling texas, oil well drilling, oil investments, gas investments, oil drilling investments, united states oil, US oil, united states oil investments, US oil investments, US gas drilling, united states gas drilling, oil industry investments, gas industry investments, oil investment opportunity, gas investment opportunity, direct working interests, direct working interest in oil wells, oil well, oil wells, gas well, gas wells, BOPD, barrels of oil per day, barrels of oil, tx oil drilling, tx oil investments, tx gas investments, texas oil drilling, texas oil investments, texas gas investments, texas gas drilling, oil and gas industry, petroleum industry, petroleum, energy investments, energy investment opportunity, drilling for energy, US Energy, black gold, TEG, Texas Energy Group, Oil field discovery, gas field discovery, oil discovery, discovery of oil, smart investments, good investments, great investments, money making investments, IRA investments, investment using your IRA, oil industry, gas industry, own an oil well, oil-price.net, oil&gasinvestor.com, oil and gas investors, oil and gas investor, gasbuddy.com, globeinvestor.com, investorvillage.com, nasdaq.com, moneycontrol.com, bloomberg.com, barrons.com, drilling investments, investing in oil and gas, texasenergygroup.com, energy exchange, oil and gas joint ventures, crude oil, crude oil investments, peak oil investments, natural gas investments, drilling for natural gas, oil and gas securities, texas oil, texas oil drilling, drilling in texas, Oil boom, texas oil drilling, oil investments, energy investments, texas oil, drilling for oil, investing in oil, invest in energy, oil exploration, oil discovery