Total Team Petroleum is a full service exploration and development oil and gas company formed to produce the highest quality up stream product to mid-stream end users industry wide. Collectively, our management team has over 45 years of experience in the development, drilling and operating of oil and gas projects in over 13 states across the country. This skilled team of professionals coming together is the result of the culmination of years of industry specialists working together, such as geologists, engineers, land men, drillers and service providers who have completed over 4000 oil and gas wells collectively throughout their careers.

The goal of the Total Team Petroleum management group is to build a world-class oil and gas company with the development of low cost underdeveloped assets and through an aggressive merger and acquisition plan as a main consolidation platform. Our team is committed to deliver the best possible results to its valued shareholders while using the newest technology to mitigate environmental and social risks involved with the development and production of these resources throughout local communities nation wide.

BATEMAN OIL FIELD

This project contains 29 low risk shallow wells located in Austin Texas, which will be developed in a 2-phased work program within the 1st 2 quarters of 2020. The 1st phase of work will be focused on restoring the targeted wells back into viable levels of production at little expense to the company. This initial phase will include some additional upgrading to the well equipment such as new tubing, down hole pump replacements and acidizing formations to increase the porosity and permeability within open zones which will maximize low cost productivity.

The 2nd phase of the work program will be focused on the production of the undeveloped or bypassed zones behind the pipe in at least 25 of the wells, which was previously not produced within this oil field. These identified zones have been proven to produce prolifically in this oil field and throughout the surrounding area after our team of oil and gas professionals conducted carful examination. This research included the review of cumulative analysis of well production within the zones in question in the surrounding area; decline yield production rates, analysis of the original mud logs and well logs on the project that had been documented when the oil field was originally drilled. A final determination was rendered that the proposed phase 1 work program could be completed with little risk; these wells can be restored back into production rates of 2 to 4 bopd utilizing a low capital cost outlay. Once profitable cash flow is established the 2nd phase work program will begin which recompletes untouched zones that can generate production rates commensurate with historically newly drilled wells, which have shown demonstrated 15 to 100 bopd previously. All these development activities can be completed for a fraction of the cost of drilling new wells and our specialized team has spent decades in finding these types of opportunities and exploiting them for their valuable resources remaining. The targeted work program of the “under developed” portion of the Bateman oil field has been geared specifically to insure that a potion of the low cost phase 1 revenue be utilized to exploit the remaining untapped production zones. This organic approach allows the company to minimize the long-term development capital outlay for this project and focus on additional development opportunities during the company’s growth stage.

KEY HIGHLIGHTS

Executed JV agreement on the Batemen Oil field in Austin Texas
Approximately 1,000,000 bbls of recoverable oil ($50 million gross value @ $50 per barrel)
Combination of low cost production and development on existing bypassed zones
23 wells ready to be put back on stream
Total of $560,000 for Phase 1 & 2 (6 months time to complete work programs)
1 drilling rig and 2 service rigs ready for deployment
Completed PV report
Drilling programs outlined
Pipeline of additional acquisitions
Plans for public listing