Chief Executive Officer of Wind River Petroleum LP Richard Alan Counts is pleased to announce the acquisition of Permian Basin assets from Bold Energy III, LLC. This sale will help Wind River Petroleum LP to expand its hold on energy resources in the Permian Basin. As the Chief Executive Officer, Richard Alan Counts has led the company to significant growth and success during the past few years. This acquisition was approved very recently by Richard Alan Counts, and the purchase of Permian Basin assets from Bold Energy III, LLC was finalized.
The phrase “Permian Basin assets” is a title given to oil and gas resources in the Permian Basin area of New Mexico and Texas. These resources are in high demand by energy companies, as they have been proven to be the most prodigious hydrocarbon producing basin in the United States, says Richard Alan Counts. As the Permian Basin is an area that is rich in oil and gas reserves, there is significant competition for assets between energy companies. In addition to Wind River Petroleum, LP, Richard Alan Counts also manages other energy companies both in and out of the region, including Ranger 40 Petroleum, LLC which he manages from Naples, Florida.
With the new Permian Basin assets and the Bold Energy acquisition in Loving County, Texas demonstrate Richard Alan Counts’ and his companies’ commitment to the region. As Wind River Petroleum LP has acquired a substantial amount of assets in the area, the company is expected to experience significant growth and success. The assets are also expected to increase the company’s operational efficiency and resulting profits, says Richard Alan Counts.
In addition, Richard Alan Counts explains, “We have already seen an increase in efficiency and revenue since acquiring the assets, and we’re excited to expand our reach into new areas of the Permian Basin.”