Type: private
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Company Information

Upstream Energy Capital LLC, is a privately held company in Lafayette, LA and was formed in 2008 by Mr. John E. Domingue. Mr. Domingue has over 35+ years’ experience in the Oil & Gas Industry. His experience began in the Commercial Banking Industry with his portfolio comprised of Drilling & Production Oil & Gas Companies. Mr. Domingue left the banking industry in 1990 to become a consultant to the Oil & Gas Industry and has raised in excess of $100 million for various projects throughout his career. In 2014, Mr. Domingue left the consulting business to focus his attention on acquisition of Oil & Gas Properties that are Development Plays throughout the Gulf Coast Region of the United States.

Deals

Deal StructureAmountSummary
Working Interest$650,000.00$650,000 for a 85% WI in Clay County TX. Its a low risk investment with a seasoned partner in East Texas Use of Proceeds: $200,000 payment to pay for lease $90,000/ well to drill 5 additional wells (development play) Wells to be drilled to 2000’ and completed in 2 zones
Working Interest$400,000.00$400,000 for a 100% WI in two Wells & 75% NRI Location is in Gaines County (Permian) Use of Proceeds: ?Acquisition of 160 acre lease - $250,000 ?Downhole work to re-establish San Andres production from two wells –estimated cost -$150 K for 100% WI

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