GHOLE OIL AND GAS OPERATIONS LLC 
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A barrel of oil going into a tank is the result of a sequence of events with decision nodes peppering the path. Some of these decision nodes are critical to the eventual success of the enterprise. It is wise to organize so that these value-adding decisions may be aided by our superior technology. Concomitantly, it is best to hire consultants with local knowledge to implement these decisions. Since the consultants’ services are used on an ad hoc basis, it reduces our overhead, while the consultant is free to move from one interesting challenge to the next.

 

GO & GO has a senior geological consultant, who generates maps and cross-sections in addition to being a source of second opinion. A senior geophysicist helps with analyzing 3D seismic data on a workstation and generating maps and cross-sections. Our landman does our title search and leasing. Our attorney generates Drill Site Title Opinion, Participation Agreement, Joint Operating Agreement, Division Order Title Opinion and fulfills other legal staff functions as needed. Our CPA carries out the accounting functions including the reports.

 

We have found this structure to be optimum for smooth flow of relevant information to the points of decision and to keep the overhead low. We expect it to be so for the next 2 to 3 years.

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