Sequitur Energy Resources LLC is a growth oriented, independent oil producer with assets primarily in the Southern Midland Basin, in West Texas. Our primary focus area consist of approximately 77,000 net acres, most of which is contiguous and located in the adjacent counties of Reagan, Irion and Crockett, where the Wolfcamp represents our primary drilling target.
In addition, Sequitur has approximately 52,000 net acres in the Buda Rose play, most of which is contiguous and located in East Texas in the adjacent counties of Houston, Madison, Walker and Trinity counties. The Buda Rose play contains multiple stacked pay intervals within our acreage position that can be effectively developed using horizontal as well as vertical wells.
Sequitur also owns Chromatic Industries, a valve manufacturing company based in Houston, Texas.
We have a highly experienced management team with a proven track record of identifying and cost effectively acquiring attractive resource development opportunities, all of whom have worked together as senior executives for over a decade.