Upstream’s strategy is to maximize profitability through conventional exploration, exploitation and development of existing properties in shallow water Gulf of Mexico and onshore Texas, while targeting future growth opportunities along the Louisiana and Texas Gulf Coast, shallow state waters in the Gulf of Mexico and federal OCS. Upstream is actively pursuing property acquisitions in the shallow state and federal waters in the Gulf of Mexico as well as onshore along the Louisiana and Texas Gulf Coast. The Company seeks to be operator of all properties in its portfolio to better manage costs and capital investment.
EXPERTISE WITH A PROVEN TRACK RECORD
The Company has a highly skilled management and operations team with a proven track record of successful and safe operations that have worked together for an average of 15 years. The management team is well balanced and acquired their extensive expertise in geology, engineering, production management and finance working for majors, independents and private E&P companies. This experience and leadership has enabled Upstream to establish a culture built around safety and environmental responsibility while maximizing value for all stakeholders.
PRIVATELY HELD DEBT FREE BALANCE SHEET
The Company is privately held and has a debt-free balance sheet. Upstream was formed to acquire substantially all of the assets of Century Exploration in early 2016.
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Please contact us for interest in investment opportunities.