DanWilliams Navitas

USA

Dan Williams Navitas has more than 20 years of oil industry experience. In 1985, Dan Williams Navitas was one of four founders who started Central Valley Pump & Supply and Madera Manufacturing in California to utilize a "down hole" drilling technology that the company purchased. Mr. Williams' company raised funds to market and manage the business, selling numerous rigs throughout the Middle East. Mr. Williams has also packaged and/or developed numerous oil and gas property lease deals either for companies he was involved with or for other companies that were requesting his input. These deals include, but are not limited to, packaging The Delhi Field Lease in central Louisiana. The Delhi Field Lease was purchased from Delta Exploration, Inc. in 2003 for $2.5 million. It was then resold in 2006 for more than $50 million. Another of Mr. Williams' field development deals involved the South Belridge Field in Kern County, California. This field had a $2 million purchase price in 2004. In 2008, Mr. Williams packaged and facilitated the sale of that field for $138 million.
Dan Williams Navitas is now concentrating his effort in The Illinois Basin, specifically in Western Kentucky. Since founding Navitas Land and Mineral Corporation in 2009, he has more than 20 oil and gas leases in development and has drilled 54 new wells. Each one of these wells is showing commercial hydrocarbon presence and/or production. Majoring in Business Administration, Dan Williams Navitas attended Fresno Pacific College 1976-1980.
By June 2013, Dan Williams Navitas Navitas Land and Mineral had drilled 54 new wells. The company’s deepest well, the Otho Babb #2, was drilled to a total depth of 7008 feet and has the distinction of being the deepest producible well ever drilled in Webster County, Kentucky. Deeper wells previously drilled in the area were dry and abandoned, according to the Kentucky Geological Survey.