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Re: Controlledoilandgas post# 6454

Sunday, 06/22/2025 3:26:25 PM

Sunday, June 22, 2025 3:26:25 PM

Post# of 12505
Here bruh, it shows LOC, not surety bond. And here is your liability…..

You don’t have to put up cash and a bond. lol. Bonds are 5 to 10% …. If your credit sux, you may have to put up the entire amount of the bond in cash with a bond company. Again, a New York City slicker doesn’t know how thing work

P5 Compliance Flags
* TNR 91.114: Mail Hold Flag:
No No


Organization Detail Information
Operator Number: 886198
Operator Name: VISION OIL AND GAS LLC
Organization Status: Active-Ext
Organization Type: LIMITED LIAB COMPANY
Renewal Month: MAY
Location Address: 1303 CALLE DEL NORTE SUITE 900 LAREDO TX 78041
Mailing Address: 1303 CALLE DEL NORTE SUITE 900 LAREDO TX 78041
Organization Phone No.: (956) 728-7257
Emergency Phone No.: (956) 286-0875
Filing Fee Amount Paid: $1,812.50
Initial P-5 Filed Date: 05/23/2011
Last P-5 Filed Date: 06/16/2025
Gatherer Code:
Activity/Specialty Code(s): Well Operator-Gas,Well Operator-Oil , Pipeline Operators
Expiration Date: 05/01/2026
P5 Inactive Date:

Financial Assurance Information
Option: OPTION 2 (BLANKET FINANCIAL ASSURANCE)
Amount: $250,000.00
Type: LETTER OF CREDIT

Operator: VISION OIL AND GAS LLC

Operator Information
Operator Name: VISION OIL AND GAS LLC Renewal Date: 05/2025 Percent Complete: %
Operator No.: 886198 Total Cost: $2,000,000 (actual total $7,043,979.00, cap used) 5-year-inactive wells: 39
Operator Status: ACTIVE (ACTIVE-EXT) Wells Meeting P5 Renewal Requirements: 10