Guinn Investments Inc

More Info

General Info

Guinn Investments, Inc (formerly Bennett & Guinn, Inc ) has drilled over 85 oil and gas wells in North Texas since 1981, with fifty-two completed producers for a 61% success rate. Guinn Investments, Inc currently operates over 30 wells on 15 different leases in Young and Throckmorton Counties. Company management believes strongly in focusing exploration in a specific area using quality geological and seismic acquisition to lease, drill, and develop high reserve reef prospects. Guinn Investments, Inc.'s development highlights in Young County include the discovery of a Mississsippian Reef on the Marchman lease drilled in 1986, which has produced over 345, 000 barrels of oil and 700, 000 MCF of gas thru April of 2005, and is still producing 25 BOPD and over 200 MCFPD from three wells. The Jim Guinn (Miss. ) field discovered on the Kisinger lease in 1997 has produced over 190, 000 barrels of oil and 130, 500 MCF in the Mississippian zone from two wells and still produces 30 BOPD 20 MCFPD from the offset well. The Cottle Mississippian Reef drilled in 2001 has produced over 60, 000 barrels of oil and 60, 000 MCF of gas from one well and is still flowing 40 BOPD and 25 MCFPD. Recent projects include a three square mile 3-D seismic shoot and the drilling and completing of three additional Mississippian reef producers in Young County. Jim Guinn, Sr. was only allowed three years to enjoy the oil and gas business after incorporating Guinn Investments, Inc in 1986. He died at the age of 51 in August of 1989 after a two month battle with cancer. However, according to his son Jim Guinn, Jr., president of Guinn Investments, Inc, "I still hear stories 16 years later of the effect of Dad's commitment to his Christian faith and business principles in the oilfield. My goal since taking over has been to successfully continue the same standard of excellence." Guinn Investments, Inc has been blessed with an excellent support team of geologists, geophysicists, land men, title attorneys, and production and office managers over the years, which allows it to compete effectively with a streamlined staff. Jim Andrews currently handles the duties of production manager as he has expertly done since 1989 and Mary Alice Nance is in her 3rd year as office manager keeping the office running smoothly. Jim Guinn, Jr. continues to oversee all operations in his 16th year as president of Guinn Investments, Inc "I am still fascinated with the oil and gas business and learn something new practically everyday, " commented Guinn. "We appreciate our educated, loyal group of investors which allows us to patiently pursue the development and drilling of quality prospects." Guinn Investments, Inc continues to operate on the biblical principal of Luke 6: 31 by treating others the way we want to be treated.

Email

Email Business

Other Links

http://www.guinninvestments.com

https://www.guinninvestments.com/contactus.html

Categories

Oil & Gas Exploration & Development, Oil Producers

Reviews

Details

Phone: (940) 549-0088

Address: 623 Elm St, Graham, TX 76450

Website: http://www.guinninvestments.com