DUE DILIGENCE

Like all businesses, we have identified various potential liabilities within the oil industry to Mustang Resources, Inc. and its participants. Mustang Resources, Inc. has taken the appropriate steps to mitigate these potential liabilities through a proven, scrupulous due diligence process to protect the interests of the company and its project participants.  Below is a synopsis of our Due Diligence Process in evaluating oil leases:

RESEARCH LEASEHOLD & SURROUNDING AREAS

VISIT & TAKE PHOTOS

RESEARCH HISTORICAL DATA
 
•
    • Previous Ownership
 
•
    • Production
 
•
  • Income
 
•
  • Viability & Break-even
CURRENT DATA
 
•
  • Existing Wells
 
•
  • Number of Well Boreholes
 
•
  • Producing & Non-Producing Wells
 
•
  • Injection Wells
 
•
  • Potential Production
 
•
  • Improvements or Work-over Needed
 
  • • Benefits

    • Risks
 
•
  • Wells Requiring Plugging or Taken Out of Production
 
•
  • Equipment
 
•
  • Condition
 
•
  • Additional Equipment Needs
 
•
  • Production
 
•
  • Visibility & Break-even
GEOLOGY & ENGINEERING
 
•
  • Potential Drilling Opportunities
TITLE
 
•
  • Recordings Search
 
•
  • Opinion
REGULATORY
 
•
  • Compliance
 
•
  • Taxes
 
  • • Liabilities

    • Incentives

  • • Public Records


Go Back to Financial Opportunities

 
Key Strategies
Read about our corporate strategies
Your Benefits
Read all about the many benefits of participating in the oil and gas industry
Tax Incentives
Learn about the different tax incentives which you receive as an individual in the oil and gas industry.
Due Diligence Process
Read more about this process