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Regular Member 0 Current Trade Leads 0 Current Products Cougar Resources, LLC Create your own company page now!    Cougar Resources, LLC Cougar Resources, LLC (The Company) was structured to take advantage of the Texas Orphaned Well Program (OWP) administered by the Texas Rail Road Commission. The OWP was enacted by the Texas state legislature in the early 1980’s when the price of crude oil plummeted to $8.00 per bbl and the big oil companies simply couldn’t afford to keep the tens of thousands of wells they were operating on line. Companies like Chevron, EXXON, Mobil as well as hundreds of smaller independent producers “walked awayâ€� from individual wells and entire fields leaving behind pump jacks, in ground and above ground piping and in many cases useable storage tanks. The only recourse that the RC had was to retain the$50,000.00 bond that producers are required to post for the first 100 wells they control. To be clear; these wells that the big players abandoned some twenty five years ago were not “dry holesâ€�. Quite the contrary, in fact, the great majority of these wells were producing at the time. We are regularly Selling: oil, natural gas. World Trade Database Tip: We always strongly recommend our members to strictly follow the traditional methods and rules of international trading before going into any deal with any party met over the internet. Such as getting prior company confirmation by phone, fax or by mail besides necessary cross checks done through the related local bodies like banks, chambers of commerce, related trade associations, etc. especially before realizing any money transaction. Contact Person: Michael Broderick Job Title: Chief Executive Manager Location: US - Texas Companies from US Trade Leads from US Products from US Classification(s): Energy & Environment - Natural Gas Mineral Products - Mineral Fuels & Oils Primary Business Type(s): Manufacturer   More Manufacturers...   Contact Information Join Now or Login to contact Cougar Resources, LLC!   Related Site Sections: Buy Sell Trade Leads: Energy & Environment - Natural Gas Buy Sell Trade Leads: Mineral Products - Mineral Fuels & Oils Biz Keywords: Energy & Environment - Natural Gas Biz Keywords: Mineral Products - Mineral Fuels & Oils Product Showroom: Energy & Environment - Natural Gas Product Showroom: Mineral Products - Mineral Fuels & Oils Latest Business News More: Latest 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 View More Companies Search For: Trade LeadsCompaniesProducts World Trade Database or and exact phrase Cougar Resources, LLC Regular Member 0 Current Trade Leads 0 Current Products Members Login  E-Mail Address:    Password:     Store my password  Forgot password?  Can't login?  Not a member?  Register for FREE! Browse by Continent What's New? Companies Products Trade Leads Buying Requests Selling Offers Opportunities Quick Links   Home   Browse by Country   Browse Trade Leads   Browse Companies   Browse Products   Top Products   Top Searches   Top Sites   Browse Biz Keywords   Partner / Trade Links Advertisement More Resources

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