Recoil Resources is a private exploration and production company based in Houston, Texas. We are focused on acquiring and developing assets in the oil window of the Eagle Ford Shale and Austin Chalks plays in South Texas. Led by our President and CEO, Charles Cusack, and leveraging our proven track record in unconventional shale plays, Recoil is implementing modern drilling and completion techniques in order to efficiently develop our asset base.
Asset Highlights:
- Large contiguous oil-focused acreage position updip to the Karnes Trough with significant running room in the Eagle Ford Shale
- Upside in the Austin Chalk, Buda, Pearsall and Eagle Ford refracs
- Recoil has drilled and completed 46 Eagle Ford wells, fully delineating its acreage position
- Recoil has established its own consistent and highly economic type-curve based on Recoil-drilled wells
- ~57,000 net acres
- >80% HBP with no near-term lease expirations
- ~100% operated working interest comprising over 100 wells
- >90% oil (35 degree API gravity across the position)
- >150 identified locations in the Eagle Ford shale with average lateral length of ~8,560 ft at 800 spacing
- No minimum volume commitments, continuous drilling clauses, or near-term expirations
- Nearly all gas production is tied into sales
- Recoil-owned central facilities and in-field infrastructure allows for immediate efficient development
