ESCONDIDO

Escondido Resources is a private independent exploration, production, and development company focused on developing unconventional reserves in South Texas. Escondido's management team has combined over 150 years of experience in the industry with significant work in South Texas, and the company's strategy is to grow through low-risk exploitation of its existing properties and acreage. Currently, Escondido is developing its 40,000 gross-acreage position in Webb and La Salle counties in the prolific Eagle Ford Shale, along with the Escondido, Austin Chalk, and Olmos formations utilizing horizontal drilling technologies. These new technologies dramatically enhance the company's ability to economically increase production and reserves while minimizing the environmental footprint of its operations... Our predecessor company, Escondido Resources, LP, was founded in late 2004. Over the ensuing three years, the company drilled 163 vertical wells targeting the Escondido and Olmos formations..

Also known as: Escondido Resources, Escondido/Olmos

Primary location: Katy United States