Returns Focused Oil & Gas Operator
Fleur de Lis Energy’s goal is to generate attractive, risk-adjusted returns and stable cash distributions to its investors through the acquisition, exploitation, and operation of a diverse portfolio of oil and gas properties in North America.
$2.1B
Total Acquisitions
70,400
Boe/d Net Production
416
MMBoe Proved Reserves
99%
Operated
Areas of Operation
Since formation in 2014, FDL has built a diverse portfolio of world-class assets with a footprint in 3 major basins. FDL focuses on acquiring onshore, high-quality, low-decline producing assets in the contiguous United States. We prefer operated positions, as our operations team is experienced in creating value through production and cost structure improvements, as well as exploiting low-risk development opportunities.
In FDL’s four year history, our team has drilled 15 unconventional wells in the Permian, executed on a major CO2 expansion in the Rockies, and reduced LOE on average by 20% over prior operators, all while paying back over $200 million in distributions to our partners.
Our Competitive Edge
People
FDL’s success depends on its people. We are able to “do more with less” by employing highly motivated, entrepreneurial, and talented oil & gas professionals.
Experienced Management Team
- Acquired over $9 billion of oil and gas assets, collectively
- Over 100 years of combined experience in the industry
Full Suite of Oil & Gas Departments with Efficient Structure
- Dedicated entrepreneurs in operations, drilling & completions, business development, land, financial, investor relations, IT, HR, and accounting
- Diverse operational skillset allows us to operate in every major basin
- Flat organizational structure streamlines decision making and facilitates more effective execution
Process
Acquire high-quality, long-lived producing assets with established cash flows
Exploit low-risk development opportunities and deploy capital prudently
Operate efficiently by swiftly rightsizing a field’s cost structure, instituting operational best practices, fostering an entrepreneurial field culture, and maintaining a strong balance sheet to maximize liquidity
Performance
FDL strives to increase asset value and deliver current yield to investors while mitigating risk through a conservative financial structure and an active risk management program.
Deliver Yield. Increase Value.
- Returned over $200 million to investors in cash distributions since formation
- Reduced asset level operating expenses on average by 20% over prior operators
- Disciplined capital allocation to maximize cash-on-cash returns for Limited Partners
- All investments are run using low leverage
- Active hedging program to protect LP capital and provide certainty of cash flows