PROBLEMYOU WOULD LIKE TO BUY PROPERTIES BUT DON'T HAVE OPERATING EXPERTISE OR PERSONNEL, YET YOU STILL WANT TO CONTROL THE OPERATION AND BUDGET ( Important!!).
SOLUTIONAEA can operate properties for you when you and AEA are buying a property together (and AEA is a minority investor), or under a partnership agreement where AEA is the General Partner. AEA only operates properties onshore, in the continental United States.
AEA has adopted a very modern approach to operations. Through its network of engineers and geologists across the U.S., AEA will be able to contract a highly experienced professional in most producing basins of the U.S. to work on the operated properties when needed. The advantages to this "method" are numerous:
The result? Best possible probability of success for the lowest possible cost!!
Other support services needed for operations are also contracted out to entities focused on that specific service: Accounting, Land, Legal, etc.
AEA also purchases properties for its own account, under the name of "Caleco, LLC". Caleco,LLC reviews such properties regularly.