GTN Mission Statement
Our purpose at GTN Energy Partners LLC purpose is to assist in fueling North America’s energy requirements with integrity, commitment and environmental responsibility. These high standards translate into unparalleled value for our partners and will guide GTN’s long range strategies and short term activities to deliver excellence to all our customers and constituencies.
In the last five years, the oil industry has made significant technological breakthroughs in the recovery of oil in new, unconventional ways. These breakthroughs have accounted for a large increase in North America oil reserves, which had been in decline since the early 1980s. It is our intent to participate in this expansion through strategic identification of the best emerging resource methods for our company as well using conventional production assets.
In the second half of this decade, the oil industry has made significant technological breakthroughs in the recovery of oil in what was considered unconventional reservoirs. These breakthroughs have set the stage for an increase in North America oil reserves, which had been in decline since the early 1980’s. It is the intent of GTN Energy partners LLC to participate in this re-birth of American energy through strategic identification of emerging resource plays as well as conventional production assets. By acquiring interests in these projects, such as the Schenkel Lease in Edwards County a producing developed acreage in the Paluxy Formation within the Permian Basin play in Texas, as well as the underdeveloped acreage at Massie West Ranch Lease in Val Verde County, we can rely on stable cash flow as well as identify upside drilling opportunities.
We use the networking capabilities of our principals and the financial support of our private capital partners to acquire assets in a cost effective manner. Prudent expenditure of capital in developing de-risked projects will increase the efficiency of the acquired assets and create capital growth. We will add additional sources of funding to drive growth and provide high returns for all our investment partners.