Swan Energy’s operations are positioned to deliver results for its Joint Venture Partners. With exposure to both oil and natural gas opportunities, our portfolio includes dozens of development projects in our two core areas: the DJ Basin and McClain County, Oklahoma. These areas offer strong returns and opportunities for business-savvy partners to avail themselves of the fastest-growing oil and natural gas development projects in the U.S.
In both the DJ Basin and the McClain County, Oklahoma areas, we are participating in dozens of horizontal wells, with approximately 40 wells drilled in 2014 alone. We are setting new production records for our young company, with 1,312,962 barrels of oil equivalent (BOE) produced from 103 wells in 2014. This production has generated over $111,000,000 in gross revenue.
As the map below indicates, we are concentrating development in our two core areas.