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Fox Petroleum (FXPT)

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Last Post: 12/22/2013 3:38:54 AM - Followers: 48 - Board type: Free - Posts Today: 0


           

 

About Fox Petroleum

Company Philosophy

Fox Petroleum's, Renfro Energy, LLC's ("RE") goal is to be the industry leader in finding and replacement cost for oil and gas reserves while providing a safe work environment, maintaining its social conscience to the community and adhering to state and federal regulations.

We have always believed that in order to succeed and provide abnormal returns to our investors, we must differentiate ourselves from our competition. Characteristics that distinguish us include:

Company resources and capital focused primarily in Cameron Parish, Louisiana. An area where we have the experienced staff and infrastructure superior to our competitors. Size and scope of the projects are significant so there should be opportunities for many years to come.

  • We take a long term view towards maximizing oil and gas reserves while optimizing the efficient use of capital without regard to its effects on short term stock valuations.
  • Operate under a very streamlined management structure which provides the ability to make decisions very quickly.
  • Maintain a low overhead in order to weather the down cycles that inevitably occurs in the oil and gas industry over time.


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Company Background

Renfro Energy is a Dallas, Texas based limited liability company formed in March, 2002 as an asset holding company to house existing oil and gas assets located in Texas and Oklahoma and for acquisitions identified in Louisiana. Since 1995, Renfro Energy and its predecessor company have bought and sold over $6 million of oil and gas properties through approximately fifteen acquisitions.

Renfro Energy recently sold one of its two major assets located in Cameron Parish, Louisiana, the Cameron Meadows Land Company Lease. This property was purchased in May, 2002 and sold in March, 2010 for over 10 times its acquisition price. It was comprised of 640 acres with 15 producing and shut-in wells and one salt water disposal well.

When sold, it was producing 60 bopd from eight producing wells. Renfro Energy's current asset is the Cameron Parish School Board Lease.This property is comprised of 880 acres, has two oil wells, one shut-in gas well, and one salt ater disposal well. The property is capable of producing 15-20 bopd.

This property has significant oil and gas reserves remaining for development and exploration. These reserves include: 1) one well with significant oil reserves behind pipe; 2) two proved undeveloped locations; and 3) two exploration prospects. The success of the exploration program could enable the drilling of an additional 10-30 wells.

 

Management

James Renfro
Chief Executive Officer

Mr. James R. Renfro, 51, owner and managing member of Renfro Energy, has been in the oil business for nearly thirty years. His oil and gas background includes six years with Exxon Company, USA as a petroleum engineer, one year in the Strategic Planning group of Shell Oil, and two years as an energy investment banker with EnCap Investments. Jim served for two years as Chief Executive Officer of a small publicly traded company, Omni Oil and Gas, Inc., and has spent more than eighteen years as an owner and operator of independent oil and gas companies located throughout Texas and Louisiana.

Jim received his MBA in Finance from The University of Chicago and spent three years in New York City as an investment banker in the corporate finance department at Dean Witter Reynolds Inc./Morgan Stanley.

Neil C. Sutcliffe
Secretary and Treasurer

Mr. Neil C. Sutcliffe is a Petroleum geologist and geological consultant and for over 35 years and has worked as Senior Geologist for a variety of Oil and gas companies throughout his career. Since July of 2010 he has worked part time as a geological consultant to Netherland, Sewell & Associates Inc and has performed field studies for Infiniti Energy since 2009. Mr. Sutcliffe was the Senior Gulf Coast Geologist for Reef Explorations from 2005 until 2009, and held the same position with Magnum Hunter Resources ( Formerly Prize Energy Corporation) from 1999 until 2005.

Mr. Sutcliffe was previously also the Senior Exploration Geologist for CXY Energy (Formerly Moore McComack Energy) from 1980 until 1997. His biggest accomplishments include completing detailed field studies and subsurface mapping of the "MM Sand Unit, East Richie Field Acadia Parish, Louisiana, whereby his field study was able to show proved reserves of 12 MMBO; and in the Parc Perdue Field, Vemillion Parish Louisiana, where detailed subsurface mapping and integration of 3-D seismic identified significant attic gas reserves in the Sands. To date in excess of 6 BCFG has been produced from this project.

Mr. Sutcliffe has Bachelors of Science in Geology from the University of London, in England has attended a variety of industry schools over the years.



Legal:

David Price
Washington, D.C. 20006
 

Auditors:

Eugene M Egeberg CPA
Baltimore, Maryland
 

Transfer Agent:

Empire Stock Transfer Inc.
Henderson, NV

 

Our Projects  

Cameron Parish School Board Lease

Located on the northern flank of the Cameron Meadows Salt, 43 wells have also been drilled on this lease. Producing formations range in depths from 1350' to 5273'. The enlarged section of land comprising 880 acres was active from the 1930's until 1991 when all remaining wells were plugged and abandoned and the lease returned to the landowner. Subsequently, two new wells were drilled; CPSB #2 in 1993 and CPSB #1 in 1998. Both wells were eventually shut-in by 2000 and the lease returned to the landowner. Cumulative oil production is over 6 million barrels.

In 2003, RE obtained a new lease on the property and began operations to return the two shut-in wells to production. CPSB #2 is capable of making 12-15 bopd while the CPSB #1 was initially a gas well but upon depletion was shut-in awaiting future utilization. CPSB #3 (a re-entry of the plugged Well #37) was completed in 2004 and utilized as a saltwater disposal well while CPSB #4 (a re-entry of the plugged Well #31) was recently completed flowing approximately 60 bopd before increased water production required the well to be shut-in awaiting remedial work to be performed. In the meantime, the well will flow, on average, 3 bopd water free. With existing production of 15-20 bopd, this lease provides RE with cash flow to support the further evaluation of developmental and exploration activities. Estimated recoverable oil reserves from the currently zones are 40,000 barrels with an additional 100,000 barrels of oil reserves from a behind pipe zone in one of the existing wells.

Development of this property has been limited and only 40% of the acreage has been properly evaluated. RE purchased 5 square miles of 3-Dimensional Seismic in order to determine the property's full potential. We have completed an initial evaluation of the lease based on the 3-D Seismic data which identified several areas of high potential at a very shallow depth, less than 3000'. This work has generated two exploration wells which could potentially discover 1,000,000 barrels of oil reserves. The best prospect of the two could recover 500,000 barrels or more and the second prospect, 150,000 barrels. Additionally, subsurface mapping of existing and plugged wells have identified unproduced oil still trapped in various structures from 3900 feet to 4200 feet. A volumetric analysis indicate potential oil reserves of 500,000 barrels. Two proved undeveloped well locations have been identified to recover these reserves.



 


Shares Outstanding 128,174,997 a/o Jul 12, 2011...Float 26,356,274 a/o Dec 16, 2010


Contact:

Mr. J. Molloy

Phone: (212) 560-5195

Email: info@fox-petroleum.com

Web: http://www.fox-petroleum.com/






 









 





Fox Petroleum Inc.

 545 Eighth Avenue Suite 401
 New York, NY 10018

 Phone: 212-560-5195
 Fax: 212-560-5194

 Email: info@fox-petroleum.com

 Renfro Energy, LLC

 P.O. Box 670908
 Dallas, Texas 75367

 Email: info@fox-petroleum.com




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PostSubject
#2249   Nothing is cooking ..the bays are only...MMs ...and renepohland 12/22/13 03:38:54 AM
#2248   Big things happening here. Movement w/o news. What's cooking? buffawa 12/21/13 05:50:54 PM
#2247   The SEC has been struggling with the issue Admiral Lagrange 03/28/13 09:32:18 AM
#2246   Interesting point. So sending a stock to the packerfanbud 03/28/13 12:20:51 AM
#2245   Never because they can't get blood from a turnip. Admiral Lagrange 03/28/13 12:18:29 AM
#2244   When do they prosecute for the scam that packerfanbud 03/28/13 12:15:49 AM
#2243   IN THE UNITED STATES DISTRICT COURT Admiral Lagrange 03/26/13 08:11:10 PM
#2241   Fantastic pps. Buy while they are cheap. LOL Admiral Lagrange 02/18/13 07:59:54 AM
#2240   wow, look what was dug up and re-animated today... packerfanbud 12/11/12 01:48:57 AM
#2239   still on the sec hallt? Fox Petroleum, Inc. mick 12/04/12 07:07:06 PM
#2238   Wow ofspring 12/04/12 03:49:33 PM
#2237   Woo hoo up 2900.00% today so far! Keep going! arcticbutterfly 12/04/12 12:53:40 PM
#2236   Hit me up on marketmaker.76@gmail.com. I have a SOCOM 12/03/12 03:43:07 PM
#2235   I like that answer. Never thought of it Admiral Lagrange 12/01/12 10:11:12 AM
#2234   Oil will go up... ofspring 11/08/12 12:11:15 PM
#2233   Nevermind... Hunkachunk 11/07/12 08:18:18 PM
#2232   So if Romney wins, does this open up Hunkachunk 11/05/12 09:02:16 PM
#2231   Yea just checking in... ofspring 10/19/12 03:45:34 PM
#2230   Not much volume. PLUTUS 10/19/12 02:31:47 PM
#2229   Its up 100% today... ofspring 10/19/12 01:14:39 PM
#2228   I see this is up and at it... ofspring 10/19/12 12:36:08 PM
#2227   Crossbones: Contact Info momentum858 09/22/12 05:47:36 PM
#2226   Refro will pop up again. He's money when Randizzle 09/21/12 08:46:56 PM
#2225   It took almost a year to get the Admiral Lagrange 09/18/12 04:29:57 PM
#2224   Hey there Admiral. Lots of news this week CashCowMoo 09/18/12 03:31:52 PM
#2223   That wouldn't work. We're still watching the local Admiral Lagrange 09/17/12 04:54:16 PM
#2222   Wonder what plan this crook has for next? WAR_CTR4Hire 09/17/12 04:05:03 PM
#2221   For the past 5+ years it has been.... I-Man 09/17/12 03:38:24 PM
#2220   the others penny stock should be transparent or legit evhybrid 09/17/12 02:21:27 PM
#2219   No it wasn't. He got booted from Brazos Admiral Lagrange 09/17/12 01:04:49 PM
#2218   Last I read he was working for his Admiral Lagrange 09/17/12 01:00:26 PM
#2217   it was all a bait and switch scam evhybrid 09/17/12 12:56:38 PM
#2216   I guess Renfro will need to move on packerfanbud 09/17/12 12:52:20 PM
#2215   Wow just when the price of oil was Admiral Lagrange 09/17/12 12:38:34 PM
#2214   The Canadian Suspension says it had to do Admiral Lagrange 09/17/12 12:37:00 PM
#2213   I guess I need to update the Ibox Admiral Lagrange 09/17/12 12:34:07 PM
#2212   You can still watch for entertainment purposes! packerfanbud 09/17/12 12:20:35 PM
#2211   Maybe I should take this stock off my Admiral Lagrange 09/17/12 12:14:23 PM
#2210   fxpt hist wall st. journal for suspended trading evhybrid 09/17/12 12:04:56 PM
#2209   Wow i am too not. Scam all Stockrunner2225 09/17/12 10:25:58 AM
#2208   Fox Petroleum, Inc. is a Nevada corporation based packerfanbud 09/17/12 09:44:27 AM
#2207   FXPT SEC Suspension: Renee 09/17/12 09:36:49 AM
#2206   Scam WL all i have to say Stockrunner2225 09/17/12 09:04:23 AM
#2205   Very exciting. Did they get 5 barrels packerfanbud 09/17/12 08:51:05 AM
#2204   FXPT has a copycat now it seems. Look I-Man 09/16/12 03:23:30 PM
#2203   FXPT WILL MOVE SOON! Get Ready! ARISTOCRAT 09/15/12 01:03:45 PM
#2202   If by "In Business" you mean selling worthless packerfanbud 08/24/12 08:26:36 AM
#2201   OMG! These people still in business? I-Man 08/24/12 07:32:41 AM
#2200   so what do you think? A dump packerfanbud 08/22/12 11:35:54 PM
#2199   I'm going to do some DD into the Admiral Lagrange 08/08/12 11:34:13 AM
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