Acquisition Criteria

Lime Rock Resources seeks to acquire a diverse set of oil and gas properties. Criteria for acquisition prospects include:

  • Properties in all major oil and gas basins in the United States
  • Properties with primarily proved reserves
  • Long-lived properties with long-term production histories and other mature properties with highly predictable production profiles
  • Properties in mature fields with some additional drilling opportunities
  • Properties sold as individual assets or properties sold in multi-property packages
  • Corporate stock transactions with privately-owned or public oil and gas companies

The Lime Rock Resources team directly operates its acquired properties. In very select circumstances, Lime Rock Resources will acquire non-operated interests in oil and gas properties in the United States.