Reserve my seat · Nov 5
Free live investor webinar · Live Q&A · Nov 5
Gas Shows at 6,700 Feet. Hear the Live Field Update.
Join Lost Soldier CEO Marc Bruner for a live update from the Wild Mustang Federal Unit in Wyoming's Bison Basin, the site of the largest natural gas discovery in the Western U.S. in 40 years.
Marc spearheaded development of the 49 Tcf Pinedale and Jonah fields and co-founded Pennaco Energy, which Marathon Oil acquired for $500 million. He now brings that experience to Lost Soldier as the team works toward its next drilling milestones.
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From the field
A Development That Changes the Picture.
Drilling crews at the Wild Mustang Federal Unit have confirmed gas shows in the Fort Union formation at approximately 6,700 feet.
It raises questions that deserve answers directly from the field. Marc Bruner and the Lost Soldier management team go live to explain what was found, what it means for the development plan, and what comes next for investors.
This is not a polished corporate presentation. It is a direct field update from a working oil and gas operation in central Wyoming, followed by live Q&A where you can ask anything.
What you will learn
Six Things You Will Leave With.
- 01
The Gas Shows Explained
What was found at about 6,700 feet in the Fort Union formation, why it matters, and what it suggests about the formations below.
- 02
The Development Roadmap
How 400+ probable horizontal locations get drilled, and how drilling turns into cash flow for unit holders.
- 03
The Pipeline Connection
Where the 5.3 mile connector to the Contango pipeline stands, and when gas starts moving to market.
- 04
The Investment Structure
Working interest, the 1% overriding royalty that stays with the minerals, quarterly distributions, 1:1 conversion to public stock at an IPO, and the Manager 160 program.
- 05
The Tax Picture
How intangible drilling cost deductions work for working interest owners, up to 100% deductible in the year incurred, and what to ask your tax advisor before year end.
- 06
Live Q&A
Direct access to Marc Bruner and the Lost Soldier management team. Bring your questions.
The Wild Mustang Federal Unit
A Basin-Centered Gas Accumulation in Wyoming's Bison Basin.
Presenting
Marc Bruner
Founder and CEO, Lost Soldier Oil and Gas
Marc spearheaded development of the 49 Tcf Pinedale and Jonah fields in Wyoming. He co-founded Pennaco Energy, which was bought by Marathon Oil for $500 million, and founded Falcon Energy, where he pioneered the discovery of the 500 Tcf Betaloo Basin in Australia.
With the Lost Soldier management team:
- Earl SanfordVice President, Drilling
Five decades of international drilling experience.
- Denny Migl, P.E.Chief Engineer
48 years in drilling, production and reservoir engineering.
- Tony LotitoChief Financial Officer
More than 30 years of oil and gas accounting.
- Rob PoindexterVice President, Investor Relations
35 years of management experience.
The Discovery
- 6 Tcf gas in place (estimate)
- 24,000 acre Federal Unit, 12,000 more leased nearby
- No dry holes in a basin-centered system
- 250,000 acre Area of Mutual Interest
- Independent evaluation: $5.046 billion PW10, unrisked
The Structure
- Class C units under Reg D 506(c)
- Working interest, 1% overriding royalty and LLC membership
- 1:1 conversion to public stock at an IPO
- $25,000 minimum investment
The Team
- CEO spearheaded the 49 Tcf Pinedale and Jonah fields
- Co-founded Pennaco Energy, bought by Marathon Oil for $500 million
- VP Drilling with five decades in the field
- Chief Engineer with 48 years of experience
