EL SEGUNDO, Calif., Dec. 23, 2020 /PRNewswire/ -- Ferrari Energy, a family-owned private oil and gas company that focuses on mineral and leasehold acquisitions, is proud to announce their latest proprietary algorithms' development. Ferrari Energy was founded in Denver, Colorado, and the company is passionate about educating and serving the landowner community.
Adam Ferrari, Founder and CEO of Ferrari Energy, said that the oil and natural gas exploration industry in America is continuously evolving, and predicting future outcomes can be very difficult as technology and technique are both changing at the same time. The recent advancements made at Ferrari Energy include enhancing its proprietary algorithms to predict oil and gas well outputs.
Ferrari Energy has supplied more than eight hundred and fifty homeowners with oil and gas leases and hosted numerous lease signing events to assist locals in Broomfield, Colorado. The solutions Ferrari Energy provides for a mineral or leasehold owner highlights the necessity to predict future well results to make informed decisions.
Landowners interested in Ferrari Energy's services only need to provide the legal description of the lands in question and any relevant oil and gas leases tied to said lands. For those who are not familiar with locating this required item, the legal description is generally found in the form of a section, township, and range in the rocky mountain states or tracts, blocks, and or surveys in Texas and the Appalachian region states. The Ferrari Energy team can help any landowner locate a copy of their oil and gas lease if they do not have it present.
When working with Ferrari Energy, the next step in the process once the legal description of the land is provided is that Ferrari Energy will generate a custom forecast through its algorithms to anticipate the future cash flows likely to be realized from the parcel of land in question.
It is incredibly beneficial for landowners to gain knowledge about their future cash flow and the likelihood of oil and gas well outputs to make informed and correctly directed financial choices.
"The algorithms used by Ferrari have been created using all of the publicly available oil and gas data and insights of the Ferrari team regarding likely technique by operator and area, which are key to accurate forecasting work. The team at Ferrari Energy is here to provide its expertise on this subject to any and all landowners alike. Please contact us today for a quote regarding a custom forecast and valuation on your specific lands," said Adam Ferrari.
About Adam Ferrari
Adam Ferrari was born and raised in the south suburbs of Chicago, IL. He is the grandson of an Italian immigrant coal miner who worked in the mines of Coal City, IL. From an early age, Adam was taught the value and dignity achieved through a hard day's work. The oil and gas industry provides good-paying jobs for millions of blue-collar men and women across America, and this is one of many reasons Adam and his company are such staunch supporters of the oil and gas industry. Blue-collar men and women built America, and the modern oil and gas industry keeps America moving forward.
Name: Adam Ferrari - Founder and CEO
Email: [email protected]
Organization: Ferrari Energy
Address: 2150 Park Place Suite 100, El Segundo, CA 90245
SOURCE Ferrari Energy, LLC