Oil & gas investments
Seeking oil & gas investment opportunities.
Acquiring interests. Investing in drilling.
The oil and gas division is responsible for managing the mineral assets and leasehold ownership of oil and gas holdings owned by the Genecov family. Their ownership includes non-operated working interests and mineral interests in approximately 1,500 wells and around 40,000 gross acres. Currently, the oil and gas division operates under the names “New Horizons Oil & Gas, Ltd.” and “New Horizons WI, LLC,” but it has also operated under the names “Genecov Sunset Oil & Gas, Ltd.” and “Genecov Sunrise Oil & Gas, Ltd.”
The Genecov Group remains actively engaged in efforts to acquire interests and invest in oil and gas drilling projects. While our primary oil and gas growth focus are in the East Texas, Permian, and North Louisiana basins, we also own oil and gas assets in several other states, including New Mexico, Oklahoma, Arkansas, Alabama, Florida, Colorado, North Dakota, and Montana.
Our long-term growth depends on our ability to invest in and replenish reserves at reasonable costs, as well as manage our existing assets in a cost-conscious manner. The Genecov Group believes that growth opportunities will continue to be available for companies of all sizes with superior physical, technical, financial, and personnel resources.