Advantages compared to conventional oil investors:

• Access to a technology which allows for extremely accurate detection of the presence and volume of oil under the ground => only the most profitable reservoirs found, will be developed
• The use of GeoSpectra IPDS® serves to reduce the risk associated with drilling. Normally in the U.S. the expected drilling success ratio is between 5:1 and 10:1. This means that you have to drill 5 – 10 times before you can expect to actually hit oil. These dry holes can be avoided using GeoSpectra IPDS® therefore reducing drilling budgets significantly.
• Only GeoSpectra IPDS® makes it possible to always determine the optimum drilling location as well as guaranteeing the optimum exploitation of an oil reservoir without the need for costly tertiary recovery methods (combinations of chemicals, which are pumped into a reservoir at high pressure and are therefore energy and capital intensive).
• No capital lockup due to having to buy leases
• No risk of total loss on a lease. If no oil is present in a specific area the search team simply moves to a different area. Usually, if no oil or not enough oil is found to establish a viable production => total loss.
• Investments required are much lower, as the necessary infrastructure to exploit a deposit (derricks, pipelines, tanks, oil-water separators, etc.) is often already present on an already producing or abandoned field
• By concentrating on exploration with GeoSpectra IPDS® and partnering with companies who provide production know-how and manpower, RGR requires few employees.
• RGR puts together a portfolio of possible participations in oil wells. Investment decisions (beyond the exploration using GeoSpectra IPDS®) only take place after an analysis of exclusively available data and a profitability comparison of the various potential prospects => Ranking of the most profitable projects.