Welcome to Penn USA Energy - A PROVEN INVESTMENT IN AMERICAN ENERGY

Penn USA Energy along with our sister Company, Evergreen Management Corporation, has developed energy properties in the United States for many years, specializing in low risk projects. In 2017 we participated in a natural gas project in Southeast Colorado and Western Kansas called the Baca Field which contains 46 producing natural gas wells and 31 miles of pipelines. Management has increased production 100% and new well workovers, new equipment and the installation of new compressors will continue to increase production and revenues.

Our 2nd project, Comanche Creek, is in Adams County, Colorado, approximately 35 miles from Denver International Airport, and consists of 9 producing wells. Comanche Creek is both re-working the existing wells to increase production and cash flow and developing and promoting the deeper drilling rights on the 1200 acres to other companies.  Deep drilling lease transactions in the area have been sold for as high as $25,000 per acre. In addition, Comanche Creek is acquiring additional producing wells to increase production and revenues. We continue to manage and maintain our existing projects in PA.
We are pleased to present Western States Energy Fund.

• Unique combination of immediate cash flow from an existing natural gas field and increased profitability and cash flow from Texas oil wells with no drilling risk
• Sponsor is experienced with operations in six states

BACA GAS FIELD
Colorado
Consistent Cash Flow

• Developed in 1979 by Anadarko Petroleum (NYSE) and has continuously operated as a natural gas field
• The field has 56 producing wells and 31 miles of pipeline
• The field has 2 sales points and is sold to two purchasers
• Sponsor has operated the field since 2015 and is very experienced in reworking wells and repositioning pipelines to increase production
• Sponsor has increased production from 200 mcf/day to 800 mcf/day
• Natural gas produced is sold to industry and has high demand
• A new gas contract is in place to purchase all gas produced @ 92% of NYMEX (New York Mercantile Exchange) price
• Partners will receive substantial tax deductions for 2018
• Cash flow is ongoing and will begin immediately for new participants
• Sponsor has contributed 50% of costs and will share on a 50-50 basis with owners  

EAST TEXAS
Increased Growth in Revenues

• Ten-wells being put back into production in the Austin Chalk  Formation where new wells are being drilled by Institutional Partners
• Western States will participate in portions of wells—minimizing risk
• Geophysicist has estimated production at 1200 bbls of oil and 1.2 MCF of gas per month
• With $60 oil and $3.50 natural gas, income will be greater than $100,000 gross income per month
• Investors will receive significant tax deductions in 2018

To see if you qualify for Western States Energy Fund 2018-1 and for complete information, including a Private Placement Memorandum, please contact:

Sam Winer
Evergreen Management Corporation
Administrator

727-424-7789
Sam@evergreenmgt.net

Click Here For Information on Austin Chalk>>

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