Recoil Resources LLC

Recoil Resources LLC is an oil exploration and production company specializing in assets within the Eagle Ford Shale and Austin Chalk formations in South Texas, focusing on sustainable energy solutions. Founded in 2016, Recoil Resources LLC operates in the oil exploration and production sector, with headquarters in Houston, Texas, US. The company was established by Greg Halvatzis and Jude Rolfes. Currently, Charles Cusack serves as CEO.

Recoil Resources was acquired by Energy Trust Capital; financial terms were not disclosed. Recoil Resources specializes in the exploration and production of oil, primarily focusing on assets located in the Eagle Ford Shale and Austin Chalk plays in South Texas. The company’s core offerings involve the acquisition and development of oil reserves, utilizing modern drilling and completion techniques to enhance efficiency and production rates. Recoil Resources caters to various stakeholders in the energy sector, including oil and gas operators, investors, and regional suppliers, aiming to address the increasing demand for energy resources while employing sustainable practices.

Recoil Resources generates revenue primarily through the sale of crude oil extracted from its operational sites. Transactions typically involve direct agreements with energy retailers and distributors, allowing for the bulk sale of oil products. The company engages in long-term contracts with partners to ensure a steady flow of resources to the market, with pricing structures determined by prevailing market rates and contractual terms. Recoil Resources plans to expand its operations into new geographic regions, specifically targeting areas rich in unconventional shale reserves by 2025.

Recent funding from Energy Trust Capital will support these initiatives, enhancing their capacity to explore and produce oil efficiently. The company is also developing new methodologies to optimize its extraction processes, with the potential for launch within the next two years.