Bonanza Oil & Gas is a Nevada Corporation based in Texas focused on creating value for shareholders by optimizing complementary strategies in the oil & gas industry. Our business plan incorporates several models that capture and exploit PUDs (Proven Undeveloped reserves).
Our primary goal is capturing and exploiting PUDs (Proven Undeveloped reserves). As these PUDs are acquired, assembled and developed, our reserves will be increased accordingly.
Our relationships with our partners have given us access to viable and potentially profitable leases and working interests available, and our partnerships with the various operators in the sector will allow us to exploit these opportunities to our fullest advantage.
Company news
- Bonanza Oil and Gas Inc. Appoints New Chief Financial Officer
- Bonanza Oil and Gas, Inc. BGOI, a Nevada Corporation and an independent oil and gas company, is pleased to announce the hiring of Mr. G. Wade Stubblefield as Senior Vice President and Chief Financial Officer effective August 15, 2008. Mr. Stubblefield replaces Mr. Ran Furman who is resigning to pursue other interests. Mr. Stubblefield has over [...] Read full story »
- Bonanza Oil & Gas Announces Start of Damon Mound Drilling Program
- Bonanza Oil and Gas, Inc., a Nevada Corporation BGOI and an independent oil and gas company, is pleased to announce the start of the Company’s drilling program on the Point Bar Prospect on Damon Mound in Brazoria County, Texas. Bonanza Oil & Gas is beginning operations on the Damon Mound Drilling Program in Brazoria County, Texas. [...] Read full story »
Our assets
- Apclark
- 6700 Acres encompassing 53 PUDs, superb production history in West Texas Spraberry trend
- Damon Mound
- Highly productive (11MMBbls) Gulf Coast salt-dome formation with up-dip hydrocarbon accumulation along the flanks of the dome.
- Good North Project
- The Good North Field in Borden and Howard Counties, Texas consists of 1,263 acres drilling opportunities offset to historical production in the Jo Mill Spraberry and Dean zones.
- Bourland Field
- Current producing from 8 existing wells on 960 acres in Ector County, Texas, in the San Andres Formation.
- Plantation
- Plantation Prospect consists of eight total wells in Gonzales County, Texas.