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Grand Energy Inc
15303 Dallas Pkwy, Ste 1010 , Addison, Texas, United States

Memberships : AAPG,AICPA,OCGS,AADE
Industry : Oil & Gas
Basic Member
Since Oct, 2018
About Company

Grand Energy, Inc. was incorporated under the laws of the State of Texas in March 1984 to engage in the development of oil and natural gas in the United States, primarily in Texas, Oklahoma and Louisiana. Since 1984 the company has been debt free and the company continues to earn a strong financial rating from Dun and Bradstreet.  For over 30 years, individuals, various trust entities, corporations, partnerships and industry investors have trusted Grand Energy’s team of highly qualified professionals possessing extensive experience in oil and gas management operations.  Grand Energy has a fully-integrated staff in the areas of geological, engineering, land, accounting, and oil and gas regulatory personnel.  Grand Energy acquires developmental drilling opportunities in producing fields that offer the potential of significant rates of return and long term production. Beginning with the investment documents and continuing throughout drilling and production operations, Grand Energy takes a comprehensive approach in all aspects of its investor correspondence and investor monthly production revenue statements.

Baylor University’s Hankamer School of Business recognized Grand Energy as a finalist in its Texas Family business of the Year Award. Since 1989 the Texas Family Business of the Year Awards recognizes firms whose families demonstrate a commitment to each other and to business continuity, and who are responsive to the needs of their employees, communities and industries.

Our Difference

  • Grand Energy has excellent working relationships with major drilling contractors and oil field service and supply companies in the United States. 
  • Grand Energy does not explore nor drill in unproven areas. The company’s specialty is to further develop existing fields using horizontal drilling and utilizing technologically advanced well completion techniques to maximize the potential rate of return. There is a significant difference in the risk level relative to the specific type of oil and gas investment opportunity.
  • A development well is an additional well drilled to further develop a proven field. Generally, a single well is only capable of achieving production from a radius of 20, 40, 80, 160 to 320 acres around the wellbore. The drilling of additional wells is needed to produce oil and gas beyond the productive range of a single well. Development wells are drilled to efficiently drain a reservoir and are generally considered less risky than exploratory wells.
  • An exploratory well is a well drilled in search of oil and/or gas in an unproven area. Exploratory wells have high risk but can produce potentially greater returns on investment by discovering significant reserves.

Grand Energy Business Structure Grand Energy has chosen to focus its resources on developing proven undeveloped reserves in geographic areas with a high drilling success rate. Focusing on these productive oil and gas fields maximizes the potential for a successful venture, in addition to offering the significant tax benefits available to investors in oil and gas development programs.  Grand Operating, Inc., a wholly-owned subsidiary of Grand Energy, is an approved oil and gas operator with the various state oil and gas regulatory agencies in Grand’s areas of operation. Grand Operating provides drilling, completion and equipping services through its team of highly qualified professionals with extensive experience in oil and gas operations management, including drilling specialists, petroleum engineers, reservoir engineers, geologists, field personnel and oil and gas marketing representatives.  Grand Financial, Inc., an affiliate of Grand Energy, is a registered securities broker-dealer that specializes in assisting investors with the oil and gas component of their portfolios. Grand Financial is a member of the Financial Industry Regulatory Authority (FINRA) and is also licensed with the U.S. Securities and Exchange Commission (SEC) and various state securities regulatory agencies.  Grand Energy, Inc., was incorporated under the laws of the State of Texas in March 1984 to engage in the development of oil and natural gas in the United States, primarily in Texas, Oklahoma and Louisiana. The company continues to earn a strong financial rating from Dun and Bradstreet.  For over 30 years, individuals, various trust entities, corporations, partnerships and industry investors have trusted Grand Energy’s team of highly qualified professionals, relying on their extensive experience in oil and gas operations management.  Grand Energy has fully integrated staff of geological, engineering, land, accounting and oil and gas regulatory personnel.  Grand Energy acquires investor developmental drilling opportunities in producing fields that offer the potential of significant rates of return and long term production. Beginning with the investment documents and continuing throughout drilling and production operations, Grand Energy takes a comprehensive approach in all aspects of its oil and gas development programs, providing regular correspondence and monthly production revenue statements to its investors.

Company NameGrand Energy Inc
Business CategoryOil & Gas
Address 15303 Dallas Pkwy
Ste 1010
Addison
Texas
United States
ZIP: 75001
PresidentNA
Year Established1984
EmployeesNA
MembershipsAAPG,AICPA,OCGS,AADE
Hours of OperationNA
Company Services
  • Oil Production
  • Gas Production
  • Oil Exploration
  • Gas Exploration
  • Drilling
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