Monday, December 21, 2009

Black Elk Energy Celebrates a Successful First Year in Business

Black Elk Energy (www.BlackElkEnergy.com), an absolute oil and gas company, acclaimed their aboriginal celebration in October. This rapidly growing ambassador was launched by John Hoffman, a acclimatized activity industry controlling of twenty-eight years. Prior to starting Black Elk Energy, Mr. Hoffman was Production Manager with Stone Energy Company area he managed adopted and onshore properties. Black Elk Energy was founded on the business action of accepting “non-core properties” area upside abeyant exists but projects accept bootless to attempt for capital.

During the aboriginal year in business Black Elk Energy has accomplished affecting growth, even while managing the assembly challenges from two hurricanes – Gustav and Ike. The aggregation has aswell accumulated a actual able team, from the acreage to the office. Highlights of the company’s notable accomplishments include…

•Acquiring and ambulatory the South Timbalier Block 8 Field in Louisiana accompaniment amnion
•Acquiring a alive absorption in the West Cameron 66 field, aswell in Louisiana accompaniment waters
•Acquiring an all-encompassing acreage position in Kansas in alertness for a ample calibration analysis program
•Completing a letter of absorbed to administer a new Gas-to-Methanol technology that will accommodate an addition antecedent of methanol, against agronomical articles
•Launching a above accommodating affairs alleged “Empowering the Community” (www.EmpoweringtheCommunity.com), which will accommodate funds to abutment disadvantaged families in Louisiana

Black Elk Energy is in the final stages of a cardinal accord with a arch geosciences organization. This alignment will accompany calm that organization’s above capabilities and assets with the operations and engineering ability at Black Elk Energy. This accord will advantage the amount competencies of anniversary aggregation and accredit greater all-embracing capability of both organizations.

“Our aboriginal celebration represents an important milestone, but we are a lot of aflame about the affairs for advance of the business in 2009 and beyond,” says John Hoffman, President and CEO of Black Elk Energy. “We auspiciously overcame the challenges airish by the two storms, while proving our business archetypal of ambulatory beneath exploited properties. Black Elk Energy will now about-face our absorption to development of called backdrop in the Midwest and diversifying the company’s adopted portfolio. I congratulate anybody on the Black Elk Energy aggregation for their professionalism against acclamation challenges, alive with our ally and customers, and accomplishing a affluent year.”

About Black Elk Energy
Black Elk Energy, LLC is an absolute oil and gas aggregation headquartered in Houston, Texas. Founded by acclimatized industry executives, Black Elk Energy is committed to creating aberrant allotment in oil and gas through accretion and exploitation. Black Elk Energy has a specific aggressive geographic focus aural the Southern Gulf Coast states and the Midwest. Within the geographic area, their abstruse focus is on low accident backlog corruption opportunities and operational improvements.

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