Rockshire Energy I, LLC
Applying Advanced Exploration and Production Technology to Existing Oil Leases
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Rockshire Energy I, LLC was formed for the purpose of acquiring leases with existing production, or de-risked reserves and upside potential and apply advanced exploration and production technology to improve the recovery from the leases. The Company’s targets in these prospects include improving existing production, looking for missed pay zones in existing wells, and looking for new drilling opportunities in the existing formations or new formations not exploited by a previous operator.
Rockshire Energy I uses advanced seismic and engineering techniques to recover more of the reserves from these fields. In summary, our strategy to create value will be a low risk, high return strategy that includes developing both conventional and unconventional (EOR) reserves. We will focus initially on the following Geographic areas in Texas: Andrews, Zavala, Wilbarger, and Fayette Counties.
Our focus is creating and maintaining investor wealth through local alternative investment strategies. The team’s collective abilities provide an advantage over investing individually by allowing us to quickly and efficiently address any issues. Because our managers are directly involved in the placement of investment funds, we can manage our investments more actively than large institutional investors. By investing in a company with experienced and specialized management, investors are freed from the complexities, worries, and time required for individual investment management.
Over the years, we have seen extreme market fluctuations; because of this, we are always researching market trends to develop strategies allowing us to mitigate this volatility and reduce its negative effects on our investors. This experience has also better positioned us to take advantage of opportunities presented in such times of uncertainty. This proactive approach sets Rockshire Energy I, LLC apart from our competition.
"We expect prices to remain within the $40-60/bbl band through 2019, assuming continued compliance with global production targets."
And we know that there is so much more to come: oil is the world’s primary fuel, oil is the enabling force of globalization, and 85% of the global population lives in undeveloped nations still waiting for their chance to consume oil.
The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations
SBJ Energy Partners, LLC is a Texas Limited Liability Company that was formed August 11, 2008 as Seismic Data Partners, LLC. Its name was subsequently changed to SBJ Energy Partners, LLC. The company’s primary purpose is to explore, develop and produce oil and gas; its focus being in the upstream segment of the industry.
The company currently has operations (either exploration, production, or both) in West Texas, Central Texas and South Texas. The company is a licensed, insured and bonded operator in the State of Texas approved by the Texas Railroad Commission, the state oil and gas regulator. The key managers are Spencer Brown, Jr., David Werehahn and Paul Domagalski.
Spencer Brown, Jr. is the founder and CEO of SBJ Energy Partners, LLC. He is seasoned entrepreneur and oil and gas investor with over 30 years of experience in acquisitions, portfolio management and operations management.
Mr. Brown has served as President and/or CEO in the following corporations: SSB Oil, LLC - Oil and Gas Investments; Brown Mineral Holdings, LLC - Mineral Investments and Exploration; National Diversified Co. - Corporate Conglomerate with interests in oil and gas production; Commercial Property Management and Development and Technology Research.
Mr. Brown has been involved in Oil and Gas projects in Texas, Mississippi, Oklahoma, Illinois and Montana. He holds a BA from the University of Texas.
David Werehahn has a Bachelor of Science degree in Electrical Engineering from the University of Alberta and is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta. He has 40 years of experience in the oil and gas industry working as a consultant and manager for major oil and gas companies.
Mr. Werehahn is an expert in economic evaluations, natural gas processing and reservoir engineering. He also has experience in primary, secondary, and tertiary recovery processes including under balance horizontal drilling techniques, water floods, CO2 enhanced recovery and in-situ recovery of oil and oil sands.
Mr. Werehahn has also served as CEO, Director, or Manager in the following corporations:
Vice President Land Management
Paul Domagalski has a Bachelor of Arts degree from Beloit College (Beloit, Wisconsin). He also completed PLM course study from the University of Oklahoma (Norman, Oklahoma). He is a Certified Professional Landman with 34 years of experience in all facets within the oil and gas industry.
Mr. Domagalski has expertise in evaluating potential assets to meet business development objectives. He is a skilled facilitator of high-level land agreements within the oil and gas industry and is recognized for his advanced knowledge of the industry, legal processes and regulatory compliance in multiple states, including: Michigan, Indiana, Ohio, Pennsylvania, Louisiana, Texas, Oklahoma, and Colorado.
Mr. Domagalski has excellent negotiation skills and business acumen with a proven record of impactful performance and team leadership. He has exceptional relationship building skills and excels in conflict resolution.
The Company is offering a minimum of 2,000,000 and a maximum of 15,000,000 Membership Units at a price of $1.00 per Unit. Upon completion of the Offering between 2,000,000 and 15,000,000 Membership Units will be issued.
The Class A Membership Units sold through this Offering shall participate in distributions of net cash flow from operations on the following summarized schedule and terms and subject to the specific terms of the Operating Agreement; (i) initially, distributions of net cash flow shall be distributed to SBJ Energy Partners, LLC, the Manager, to provide for an annual four percent (4%) Management Fee, calculated based on net cash flow available for distribution and paid monthly; (ii) remaining net cash flow shall be distributed ninety percent (90%) to the Class A Members and ten percent (10%) to the Class B Member(s) until such time as the Capital Account balance for each Class A Member has been reduced to a zero balance (“Recoupment”) and; (iii) upon Recoupment, any remaining distributions of net cash flow from operations shall be distributed fifty percent (50%) to the Class A Members and fifty percent (50%) to the Class B Member(s) in perpetuity. Net distributable profit from the winding up of operational activities and subsequent liquidation of assets shall be distributed on the following schedule and terms; (i) one hundred percent (100%) of distributable proceeds from such liquidation event to the Class A Members until such time as the Capital Account balance for each Class A Member has been reduced to a zero balance (“Recoupment”) and; (ii) upon or assuming Recoupment, then any remaining distributions of proceeds from a liquidation event shall be distributed fifty percent (50%) to the Class A Members and fifty percent (50%) to the Class B Member(s).
Rockshire Energy I, LLC — Spencer Brown — 6515 Sanger Ave., Suite 3 — Waco, TX 76710 — (254) 776-2632
The Rockshire Energy I, LLC 506(c) Investor Portal provides the opportunity for you to become approved as a “prospect", and learn more about our investment opportunity. You will have:
We will upgrade your account to “Investor” level access, which provides all of the prospect level access and: