
PARTNER WITH PRIME ROCK
The Prime Rock team has over 43 continuous years of experience operating in the Delaware Basin in New Mexico and Texas
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Drilled or participated in over 100 horizontal wells across the Permian Basin
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Significant experience operating on Federal and State leases in New Mexico
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Experienced in-house drilling and operations managers provide top-tier execution capabilities that separates Prime Rock from its peers
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Risk management best practices
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Horizontal drilling and completion expertise in both New Mexico and Texas
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Cost controls
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Prime Rock has the capability and flexibility to evaluate a wide range of transaction sizes and structures to help operators preserve or accelerate value
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Hold expiring or suspended leasehold without using
any capital
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De-risk or test “new” areas, horizons or technologies
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Hold deeper rights where pugh clauses are an issue
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Value acceleration – bring off balance sheet capital to areas that are 3-5+ years out in the development schedule, including initial infrastructure buildout
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Non-operated participation
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Significant capital commitment and support from Lime Rock provides the ability to commit to large drilling programs without seeking additional capital commitments or approvals
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The Prime Rock team has successfully partnered with and can provide references at top operators across the basin. References available upon request