In 2012, Rigworx Founder Sam Smith and a few peers chose to participate in the O&G Industry as an owner operator of oil & gas properties.
With oil trading at prices greater than $100 the opportunity appeared lucrative. Following the assembly of the company and forecast, the team realized the industry was on the brink of collapse.
While his peers elected not to weather the downturn, Sam recognized the Oil & Gas industry is cyclical by nature and elected to move forward independently and adjust the strategy to buying assets during the downturn to capitalize on the upswing.
Starting with a single property in bankruptcy and then adding discount properties, production, equipment and inventories, the foundation had been built to capitalize on the upswing.
Over the last 6 years, the company has acquired authority in 2 states and is adding Texas in the next 120 days, as well as a proven staff of professionals that share the vision.
Our goal is to create long term, beneficial relationships with our partners by offering a range of Production opportunities focused on conventional oil and gas production. We acquire, develop, produce and operate our assets as a fully vertical E&P company in the crude oil and natural gas industry.
Ownership of crude oil and natural gas production has been the path to obtaining wealth for many individual investors over the past 100 years. Among the most versatile investments, the returns can be fast and powerful. Oil and gas investments stand out when compared to other investments, typically providing the following benefits:
Strong monthly cash flows;
Outstanding tax reduction benefits;
Exceptional longevity (legacy potential);
Excellent potential for asset appreciation;
Cash-out options among other exit strategies;
Global Demand Commodity
Sam Smith | Chief Executive Officer
Maverick Venture Partners, providing structure and oversight for seed capital funding and structured finance of "Green" technology transactions. Managing Principal (M&A LBOs), Azure Securities, structured, built and maintained infrastructure through start-up phase. Senior Investment Banker, Brooke Corporation. Venture Analyst, Pillar Group LLC. Economics & Political Science, Texas A&M Commerce. The University of Tulsa College of Law. United States Marine Corps.
Steve Wagoner | Chief Financial Officer
Principal, SRW Financial Consulting. CFO (part time), Diacare Diabetes Centers LLC. VP & CFO, National Care Network (Acquired by MultiPlan). CFO, Texas Imaging. CFO & Assistant Treasurer, North Texas Healthcare Network (Acquired by Health Smart). Assistant Controller, Harris Methodist Health Plans. Manager of Financial Reporting and Controls.,Travelers Health Network. Senior Accountant, Aetna. Senior Accountant, Hunt Petroleum Corporation. Certified Public Accountant.
Brian Guinn | Chief Investment Officer
Former President of Mac 5 Operating, LLC, an oil and gas operating and acquisition company. CFO Petrolia Group, LLC Led the acquisition and development strategy for 40,000 acres in the Texas Panhandle. Divested to a public company in 2014. In addition to this, Mr. Guinn has over 14 years of experience in the Securities Industry and has held positions as President, Chief Executive Officer, Financial and Operations Principal (FINOP), Chief Compliance Officer, Registered Principal and as an Equity Trader. Mr. Guinn graduated from the University of Texas at Dallas with a Bachelor of Science degree in Economics and Finance. He has worked in the oil industry since 2003.
Austin Swift | Senior Operations Advisor
President at Vista Disposal Solutions, LLC. President at Aspect Oilfield Services, LLC, a privately held oil and gas company focused on the exploration and development of conventional oil and gas resources. B.A. Government, The University of Texas at Austin. M.B.A. Field Of Study Business, Entrepreneurship, Acton Business School. J.D, Tulane University.
John Lux | Securities Attorney
Specializing in securities law and reverse mergers for fast growing companies seeking to raise capital. Financial Author. President, Lux Investor Services., specializing in company development, reverse mergers, defending companies from attacks by short sellers, mergers & acquisitions, battles for corporate control. President, Advanced Energy Research Corporation. President, AquaLux Corporation. JD, University of Maryland School of Law.
John Schulman | Counsel
Owner at The Schulman Law Firm, P.C.John E. Schulman is currently licensed to practice law in both Texas and Florida as well as all of the trial-level federal courts in Texas, the Court of Appeals for the Fifth Circuit in New Orleans and other courts. Mr. Schulman's writings addressing labor, employment and litigation-related subjects have appeared in a number of periodicals and publications, including, among others, the University of Florida Law Review, the American Bar Association Labor Section Annual Reports, and the University of Houston Advanced Employment Law Seminar course materials.