The Welder Ranch property is operated by Carter E&P which is a private Texas operating company owned by our Vice President Steven Carter. The property has been a productive asset of the company since 2006. In late 2011, production and cash flow were increased through a recompletion operation to the Patrick Welder #5 well.
Depth Range: 5,000-8,000 feet
Working Interest: 100%
Operator: Carter E&P, LLC (company owned and operated by the VP, Steven Carter)