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Seay Oil Co Inc
3520 New Hartford Rd, Suite 100 , Owensboro, Kentucky, United States

Memberships : NA
Industry : Oil & Gas
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Since Jul, 2021
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About Company
  • Since we first started extracting fossil fuels from this part of the country, approximately 4.3 billion barrels of oil have been produced from these Midwestern, Paleozoic formations.
  • The independent firms Kelcas Corporation and Kelcas Well Services were founded by Mr. Coulson, to develop the Ohio River Basin. He established approximately 300 wells in five counties near the Kentucky/Illinois border.
  • Mr. Coulson passed in 1999. His widow sold the company the following year to Wilhelm Lilliehook, a seasoned businessman from Stockholm, Sweden. Wilhelm quickly began expanding both the company’s capabilities, and its team.
  • Under Wilhelm’s leadership, Kelcas engaged project managers, roustabout crews, rig hands, field pumpers, and a strong support staff to explore new territory. The company quickly turned profits and came into its own as a regional force.
  • As oil prices were spiking toward unprecedented highs, Kelcas celebrated this milestone. Our proven probable reserves, and our highly successful exploration since then, indicate that a half-million barrels is just the beginning.
  • With oil prices at a historical high, Kelcas divested of many of its performing wells in order to explore new plays. Using a highly effective new methodology, recent efforts have resulted in a success rate of over 80% on exploratory wells.
  • A rapid decline in oil prices causes upheaval throughout the industry, but Kelcas persists in exploration efforts and continues to be profitable.  In order to better foster investor relations, Kelcas develops a production reporting app, giving investors a real time view of their assets’ financial performance. Investment continues in spite of the down market.
Company NameSeay Oil Co Inc
Business CategoryOil & Gas
Address 3520 New Hartford Rd
Suite 100
Owensboro
Kentucky
United States
ZIP: 42303
PresidentNA
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Oil & Gas Exploration
  • Oil & Gas Production
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