Welcome
Team Resources, Inc., headquartered in Ventura, California, is an oil and natural gas operating company founded in 2002 by President & CEO Kevin Boyles. Team's current development acreage is located in S.E. Kansas, with field offices located in Yates Center and Burden, Kansas. Team Resources, Inc owns 50% of BC Management Services Corp. (Team's Kansas Production, Operating and Service Company). BCMSC is a "hands on" company presently operating more than 40 wells and Team's 300+ mile natural gas transmission pipeline, thus ensuring delivery of natural gas to market for Team and other area oil / gas producers. BCMSC maintains Team's properties by owning a completion rig, dozers, trenchers and gravel / water trucks that provide the ability to build infrastructures.
The company's directors have over 100 years of experience in the oil and gas industry and are vital to Team's successful execution of its business model. Team Resources strategy is fairly simple, yet successful. Team acquires producing and productive under developed fields and drills new wells in between this established production. This is called "developmental drilling" or exploitation of proven under developed reserves (PUD's). PUD's are lower risk developments, enabling investors a higher probability to earn solid returns compared to more speculative exploration prospects. Our plans are to develop 15-20 wells per year on our 30,000+ acres Team has under lease.
Many of these fields have become available due to the fact that large oil and gas producers like Exxon Mobil and Chevron typically develop projects that can produce huge quantities of oil and gas daily. These types of projects are usually found offshore or in foreign countries. Although there are thousands of existing oil and gas projects in the US, most are too small to meet the investment criteria of the major oil producers.
In order to develop our oil and natural gas fields further, Team Resources sponsors direct participation programs (DPP's) for accredited individuals, entitling them to the cash flow generated from the company sponsored oil and gas partnerships. All of the company's programs offer participants federally approved "flow through" tax benefits.