Maness Petroleum Corporation

Maness Petroleum Corporation began in 1985 when David, along with his father Mabre Maness joined forces to explore for oil and gas.  David’s brother, Tim, joined them in 1986.  Since that time, they have continuously explored the Michigan Basin both for their own account and as consultants for a wide range of companies—both big and small.  Throughout they have remained focused on the geoscience aspects of exploration and worked with reputable partners who are able act as operators for their exploration ventures.  David and Tim are  equal owners of the company which has been located in Mt. Pleasant, Michigan since its founding.

Maness Petroleum Corporation explores for underground oil and natural gas deposits in the Michigan Basin.  Using historical drilling records and geophysical imaging techniques Maness Petroleum’s owners, Tim Maness and David Maness, build interpretations of the subsurface geology that can, hopefully, point to reservoirs containing oil and natural gas that can be produced for the benefit of the mineral owners and Maness’ partners.  While each exploration project is unique, a typical project begins with a regional geologic interpretation of prospective geologic formations followed by identifying possible un-tapped hydrocarbon deposits.  Once a prospective deposit has been selected, the mineral ownership is tentatively identified by researching landowner records in the courthouse and the mineral owners are leased.  After leasing, additional geophysical work may be conducted to confirm the initial interpretation or prior to identifying an actual drill site.  When a drill site is selected, further detailed courthouse research is performed to verify mineral ownership.  At this point, Maness turns the Prospect over to its lead partner, or operator, who will then permit the well and contract with the drilling company to actually drill the well.

LANDOWNERS

Maness Petroleum Corporation has successfully negotiated leases with over 1300 mineral and landowners on numerous projects in Michigan and Ohio.  They take great pride in being responsive to the needs of landowners especially in the siting of oil and gas operations when warranted.  Most landowners may only see an oil and gas lease a few times during their lifetime and generally have lots of questions.  We understand that and attempt to take the time to answer all questions.  Our base lease is a Michigan industry standard lease that is sometimes modified with a list of additional clauses.  Using an industry standard base lease makes it easier for both parties to recognize and understand land owner specific changes.