The program supplies drilling and developmental capital to a variety of clients, and offers non-recourse capital for proved undeveloped reserves (PUD) locations depending upon project parameters and location. Non-recourse capital services are designed for locations outside traditional debt facilities. Additionally, the company allows for continued progress in reserve development on a case-by-case basis with risk assumption.
Ideal development drilling opportunities undertaken by the company involve a series of attributes that emphasize the use of experienced teams proficient in drilling operations and the ability to control spending pace. Furthermore, other optimal qualities include a lack of infrastructure issues in market assessment and projects involving exclusively onshore operations.
For more information about Wright Capital’s drilling program, visit its website at www.wrightcapital.biz.