ABOUT US
Who We Are
Silverton Energy Inc is a Small-Cap Oil & Gas Production Company with operations in Oklahoma. The tumultuous energy markets the world has seen over the last decade prompted management to position a company to capitalize on what management believes will be a monumental correction with oil prices rising substantially.
Through “ground-up” efforts, the management of Silverton seeks and executes on acquisitions as part of an early rollup strategy to accumulate oil production. The acquisition of production rather than drilling is an expedited approach to revenue creation. Management currently has a watchful eye on the largest private producers the area extracting upward of 500-barrel p/day, that have expressed interest in retirement and transition plans.
Silverton Energy Inc sought new management in March of 2023. Since Managements takeover of Silverton in March of 2023, a simultaneous acquisition of Xutapa Properties LLC in Northern Oklahoma was completed. The Xutapa assets consist of approximately 2800 acres, and producing wells on the same property.
Our Plan
Our plan is to simply rollup assets in close proximity to our current operations with an eye on the largest private producers in the area extracting upward of 800-barrel p/day. To fund the acquisitions, we intend to exploit 3 sources of capital; revenue, offered equity, bank debt and in cases of larger acquisitions, a combination of the 3. We believe that by acquiring producing properties and positioning vertical as the operator, we can deliver strong value to our shareholders
INVESTOR RELATIONS
Silverton Energy Inc. is on the right track!
Our focus on multiple stakeholders, employee commitment, and sustainability are all hallmarks of a well-rounded and successful business. Here's why these aspects are important.
Multiple Stakeholder Focus
Multiple Stakeholder Focus
Multiple Stakeholder Focus
Considering the needs of not just investors, but also employees and the community demonstrates a commitment to corporate social responsibility. This can lead to increased brand loyalty and attract a talented workforce.
Employee Commitment
Multiple Stakeholder Focus
Multiple Stakeholder Focus
Investing in your employees through competitive benefits, training, and opportunities for growth creates a positive work environment. Happy employees are more likely to stay with the company, be productive, and provide excellent customer service.
Sustainability
Multiple Stakeholder Focus
Sustainability
Focusing on environmental responsibility isn't just good for the planet, it's good for business. By improving efficiency and reducing your environmental footprint, you can save money on resources and potentially gain tax breaks for eco-friendly practices.
OPERATIONS
The STACK play is located in the Anadarko Basin area of Oklahoma. STACK is derived from “Sooner Trend (oil field), Anadarko (basin), Canadian and Kingfisher (counties).” The majority of the play is located across (Canadian and Kingfisher as the core counties) and Dewey, Blaine, Major, Garfield counties. Unlike other Plays such as the Eagle Ford, Bakken, Granite Wash, the STACK is not a geological formation, but a geographic area.
The SCOOP play otherwise called the South Central Oklahoma Oil Province play is principally located in the state’s Anadarko Basin. The SCOOP play is generally located in Garvin, Stephens, Murray, and Carter counties
You may also read about the MERGE play. The MERGE is the area between the SCOOP and STACK plays and generally covers Caddo Cato, Grady, and McClain counties.
Geology
Taking a step back, the SCOOP and STACK plays are located in the Anadarko Basin. The Anadarko Basin is a large geologic depositional and structural basin located in Western Oklahoma and the Texas Panhandle and all the way up into parts of Southwestern Kansas and extreme Southeastern Colorado. It is around 70,000 square miles in area. Sedimentary rocks from the Cambrian period (in the Paleozoic Era) around 540-485 million years ago through Permian age (around 300-250 million years ago) make up the basin.
STACK Play
Talking about the STACK play first, it is also aptly named since there are multiple stacked formations that are being targeted by operators. This allows an operator to target multiple formations from a single location. The core area of the STACK is around 1,000 square miles in area so makes up a small portion of the overall Anadarko Basin but is the focus of a large part of the activity in the basin.
STACK play was first drilled by Newfield Exploration in 2011. and two of the main producing reservoirs include the Mississippian Meramec and Osage formations as well as several other potential targets including the Morrow, Oswego, and Red Fork.
SCOOP Play
SCOOP play mainly targets the Devonian to Mississippian aged Woodford Shale. The Woodford Shale is a silica and highly organic rich black shale that was deposited about 320 million to 370 million years ago.
The Woodford shale is seen as the major source rock for certain plays in the basin as it provides hydrocarbons to the Hunton group, Viola group, Simpson group, and the Arbuckle group. Similar to other unconventional oil and gas plays, this source rock formation is now the target of horizontal drilling activity.
