We Focus on Success
We strive to provide a transparent experience that focuses on the success of our investors. Therefore, we have included a list of frequently asked questions that address a number of common topics.
How can an individual invest in oil and gas?
There are two primary methods of investing in oil and gas. The first and most commonly known method is purchasing stock in a public oil and gas company.
Triple Diamond Energy Corporation specializes in the second type, direct participation programs. Direct participation is where the investor actually owns a portion of the well and receives a share of the income it generates.
How does Direct Participation Program work?
We create joint ventures with multiple wells and each Investor Partner has a financial security which enables investors to participate directly in a business venture’s cash flow and taxation benefits.
What has made TDEC successful?
We believe the key to our success has been tying all of our Partners, geologists, and field personnel into the success of each well. No one makes money until we hit and sell oil. We do not add surcharges and fees. We also have targeted key geographical areas and developed expertise in these areas.
What makes TDEC different from other Oil Exploration Companies?
We have a low cost model, and are willing to forego short term profit for long term, mutual financial success with our investors.
What do you expect for your investors?
We anticipate the typical investor will recoup their investment, plus enjoy returns of 20 to 25% per year for the strong life of the well, typically eight to ten years. Investor Partners generally begin receiving monthly distribution checks 90 to 180 days after investment.
How do you determine exploration sites?
We act as our own operator and our geologists pick our sites. We believe this is one of our strengths. They are also directly tied into the success of each site, as they are partners in the results. Our geologists and field personnel have vested interests in each well. They have the same long term interest in each well as our investors.
How do you improve odds of hitting reserves?
We leverage our experience and expertise in a particular area that we have active wells . This specific local knowledge by our geologists and operators improves our odds of successful production. This will remain a critical strategy as we grow.
Where are you drilling?
We are focused currently on areas in Oklahoma that we have had strong results from. Looking forward, we are evaluating areas in Bakken region of North and South Dakota, as well as Colorado and Wyoming.
What’s makes domestic on shore exploration more attractive than other alternatives?
On shore domestic drilling is less expensive and has lower risks than off shore drilling.
