Tuesday, 15 October 2013

Bart Sweazea Launches Pangean Energy into Shale Plays



Pangean Energy’s owner Bart Sweazea has been in the oil and gas business since 1993 drilling wells throughout Texas, Louisiana, Oklahoma, Pennsylvania, Kansas and Ohio. Bart Sweazea says that Pangean Energy is a privately owned, well-connected oil and gas exploration company located in Bedford Texas.

“We decided that we were going to launch the company into shale plays because, in my experience, I know they have an exceptionally good chance of making a productive well,” he says. Of all Barnett shale wells he was a part of, Bart Sweazea says he didn’t miss on one. “It taught me that the best place to drill an oil well is in the middle of an oil field,” Bart Sweazea says with a laugh.

As reported by The Bakken Magazine, Bart Sweazea says, “I can’t think of a happier time since I’ve been in the oil business. The success rate in the Bakken is phenomenal. It is a good time to be in the oil business if you know how to drill a shale well.” 

Pangean Energy Crude sales promise to give a welcomed cash flow to help support the development of Pangean's estimated 100,000+ acres. President Bart Sweazea has put together an Oilfield Services Company with the, “best of the best,” and an Exploration and Development Company focusing on the best oil and gas fields in the country. Bart Sweazea informs that projections are very high for 2014 due to the fact that Pangean has their hands in every aspect of the oil and gas exploration and development business as well as the oilfield services business.

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