In 1997, Crown was a brash newcomer in hot spots such as the Barnett Shale, bustling with aggressive entrepreneurs and corporate explorers. Put in its simplest terms, our strategy was to work smarter and harder. With the help of Venturers who believed in our credentials, Crown invested in exploratory wells and leased mineral rights to promising properties.
In these early years, Crown developed what would become long-term relationships with industry contacts and hired professional staff members that remained dedicated to a tradition of excellence. From Geologists and Landmen out in the field to Investor Relations and Accounting in the office, Crown recruited and retained the very best in the business. In fact, more than 2/3 of our employees have worked with us for 18+ years.
Today, Crown continues to strategically drill by applying modern technology to older producing areas. Whether it's offsetting key wells, using multiple-stage fracture techniques, or drilling deeper than before, Crown's strategies are being used to produce at proven intervals in multiple formations across the United States. With the introduction of horizontal and fracture technology advances, Crown has identified several domestic areas for further potential development.
Crown will continue to set itself apart from other exploration companies by applying new technology to already proven areas. With more than 26 years of industry experience in the books, Venturers can trust that they will benefit from professional knowledge, joint resources, valuable tax advantages, potential monthly returns, and consistent communication. In the years to come, Crown will proudly hold up to unparalleled industry standards and stand strong on a commitment to excellence.
