Gulf Coast Western Models Expansion through Partnerships

Matthew Fleeger is CEO and President of Gulf Coast Western, which is the Managing Venturer of Oil and Gas General Partnerships. Gulf Coast Western acquires, explores and develops oil and gas reserves. Gulf Coast Western was founded in 1970 and has its headquarters in Dallas. The company focuses on the Gulf Coast and also has locations in Louisiana, Oklahoma, Mississippi, and Colorado. Despite its historic focus on the Gulf Coast, the company is considering an expansion into other regions of the country.

Gulf Coast Western has expanded its territory in Louisiana via two partnerships. In one of them, Gulf Coast Western has teamed up with Orbit Gulf Coast Exploration in southwestern Louisiana. That partnership has provided Gulf Coast Western with 13 producing wells, 140 defined drilling locations, and proprietary 3D seismic data. The area that these two organizations will cover is almost 1000 square miles. This partnership includes an agreement with Warhorse Oil and Gas that is expected to yield more than 800 oil barrels a day.

The other partnership focuses on southeast Louisiana and is with Northcote Energy Ltd, which also based in Dallas. The agreement provides Gulf Coast Western with 50 percent interest and assets in the Shoats Creek Field in Beauregard Parish. The assets in this deal also include, four wells in Frio and Cockfield formations, an operating salt water disposal well, and another well that yields approximately 100 barrels of oil daily.

Gulf Coast Ventures has an excellent reputation, which is evidenced by its A+ rating with the Better Business Bureau and that 70% of its partners have done more than one venture with the company.

Matthew Fleeger graduated with a degree from the Cox School of Business at Southern Methodist University. He is recognized as an expert in strategic planning, team building and contract negotiation.