Laramie Energy

Unconventional resource plays include tight sands, coal seams, and shales. Commercially viable unconventional resource plays are found in highly concentrated accumulations that cover a broad sub-surface area. Once they have been identified and after pilot studies have determined the appropriate drilling, completion and production technologies to utilize, unconventional resource plays have relatively low geologic and commercial risks.The development of resource plays is built around large scale drilling programs that repeat common operations in an assembly line fashion which capture economies of scale that drive down costs. Unlike most conventional exploration and development, resource plays are relatively predictable in timing, costs, production rates and reserve additions and can provide steady long-term reserves and production growth.

Laramie Energy is backed by equity commitments exceeding $500 million from EnCap Investments, Avista Capital, aPriori, Par Pacific Holdings, Energy Spectrum, and Wells Fargo Energy Capital. In addition, Laramie Energy is bank financed by commitments from JPMorgan Chase, Wells Fargo, Capital One, CIBC, and US Bank.

MISSION
Laramie Energys mission is to maintain an excellent reputation as a Rockies oil and gas producer committed to environmental protection, safety, and regional community interests while prudently investing its capital in high potential unconventional oil and gas resource plays that will generate an above average return on investment.

INTEGRITY
None of our employees wish to work for a company that is not respected nor trusted within our industry and local communities. Honesty, sincerity, and adhering to a high code of personal and business ethics are core values of our entire team. We are unwilling to pursue success at the expense of our integrity. We honor our commitments.