Watch Our Recent Oil and Gas Development Projects

Our strategy is to acquire virgin hydrocarbon properties that have been proven by modern science and which provide strong revenue developing prospects to our clients and ourselves. We work to find proven and reliable partners in the field to help us succeed in oil and gas drilling in Texas and other areas in the contiguous United States.

Cannon Operating is one of Texas’s leading oil and gas investment companies because we offer industry level opportunities to individual investors. Our philosophy is to help our business partners increase their wealth and become better educated on how to evaluate a project. We work to create and maintain a strong foundation of the energy sector of your investment portfolio. We pride ourselves on providing low-risk projects to individuals by being very methodical in our hydrocarbon recovery efforts and our extensive pre-planning. Cannon Operating makes the initial investment before forming a prospect by locating a proposed reservoir using several precise scientific methods. Attention to detail and extensive due diligence is crucial as we have a fiduciary responsibility to our partners concerning their investment in projects we develop. We work to build long-term relationships with our business partners by offering low risk, high ROI opportunities for investing in our recently present oil and gas development projects wells.

it’s normal for those of us in the oil and gas industry to look forward at the significant projects that will keep the global demand for energy fulfilled.

Shawnee # 1 Field

Well Type: Vertical

Hydrocarbon Type: Oil, Natural Gas

Number of Wells: 4 Wells

Location: Cleveland County, OK

True Vertical Depth: 6,500’ (+,-)

Geological Support: 2-D Seismic

Primary Target Horizon: Hunton Dolomite

Secondary Target Horizon: Wilcox Sands, Viola Limestone, Red Fork Sandstone, and Simpson Dolomite

Shawnee # 2 Field

Well Type: Vertical Multi-Formation

Hydrocarbon Type: Oil, Natural Gas

Number of Wells: 2 Wells

Location: Pottawatomie County, OK

True Vertical Depth: 6,500’ (+,-)

Geological Support: Well Control and Log Evaluation, see Geological Summary

Primary Target Horizon: Hunton Dolomite

Secondary Target Horizon: Wilcox Sands, Viola Limestone, Red Fork Sandstone, and Simpson Dolomite

Caddo Lakes

Well Type: Vertical Multi-Formation

Hydrocarbon Type: Oil, Natural Gas

Number of Wells: 4 Wells

Location: Caddo Parish, Louisiana

Drill Depth Per Well: 2600’

Total Measured Depth 10,400’ (+,-)

Geological Support: Well Control and Log Evaluation, see Geological Summary

Primary Target Horizon: Goodland Lime

Secondary Target Horizon: Saratoga, Blossom

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Texas Alliance of Oil and Gas Producers