3,720 Mbbl


31,400 MMcf


Burnett Petroleum and its affiliated companies own working interest and royalty interest in over 335 producing wells located in Texas, Arkansas, Louisiana, New Mexico, and Oklahoma. In addition, the company is currently active in several exploration programs in these areas as well as Kansas and Mississippi. In 2014, the company committed to participate in the drilling of more than 20 wells, both exploratory and developmental. Through its contract operator, Arcadia Operating, LLC, the company currently operates more than 90 wells primarily located in East Texas and along the Texas & Louisiana Gulf Coast regions. The various operations include infield development in the company’s legacy area, Talco Field in East Texas, to deep high pressure gas wells located in South Texas. The company is committed to insuring that all field operations meet or exceed state and federal regulatory and environmental standards, and we are proud to be approved to operate wells on both US National Forest and on US National Wildlife Reserve surface lands.


Through the years it has been a primary goal of Burnett Petroleum to lead the field in the ability to fully exploit the assets it operates. We believe this skill will play a major role in our future success and is what has allowed us to achieve extraordinary levels of profitability in the past. The ability to exploit assets to new and sometimes unrealized potential is a major part of the business planning of BPC.


As in the past, Burnett Petroleum will continue to seek acquisitions in and around areas where it is currently active. At the same time, we will endeavor to be opportunistic and pursue purchases in new areas of operation which offer a unique probability for value creation and/or provide an entrée into an area of considerable future growth potential. Over the years our ability to purchase oil and gas assets and exploit them has accounted for a great part of our continuous success. Experience gives us the ability to understand the current market and to expedite the acquisition review process. Our veteran team of professionals has the ability to review and understand the geophysics, land, environmental, operations, and reservoir engineering aspects of a package of properties and the intention to create a fair minded Purchase and Sales agreement. Working with the desire to accommodate potential sellers interested in our exploitation programs, we have the flexibility to work with those interested in selling all or a portion of their properties.


Burnett Petroleum is actively generating exploration prospects in conventional plays around the Midwestern and Southern portions of the United States. All internally generated projects are developed using advanced geophysical technologies in combination with geology that relies on a level of well control. Our interest is primarily in projects with multi-well potential that allow for sufficient value creation and a favorable risk reward profile. We feel that it is always important to solicit regional expertise into our prospect development process in areas where our experience is less extensive.