North American Drilling Corporation

Located in Plano, Texas, North American Drilling Corporation (NADC) is a well-established national presence in the oil and gas industry. The independent producer was founded by CEO and President Larry M. Koonce in 2006. North American Drilling Corporation reworks a number of established wells throughout Texas and also seeks out high-quality new drilling areas. The company currently has several wells extending to depths of 10,000 feet under development.

NADC handles the entire planning and implementation process of each project it undertakes. Competencies include analyzing the subsurface qualities of prospective drilling sites; purchasing all necessary mineral lease rights; arranging financing; and drilling, operating, and completing wells. NADC oversees the sale of the oil and gas it produces and releases revenue share payments on a monthly basis. The company also undertakes full tax preparation for the ventures it manages and provides investors with detailed resources that include results from well tests and regular drilling reports.

One of NADC's key risk management techniques involves drilling in proven fields that it owns. Reworking wells based on solid research and analysis enables the company to reduce overhead costs significantly. The firm also fills a niche in developing properties that may be geographically far from major producers' central operations and thus provide opportunities for cost-effective acquisition.

NADC encourages individuals and groups interested in learning more about its operations to visit www.northamericandrillingcorp.com and complete a convenient guestbook form. North American Drilling Corporation maintains a current license for oil and gas production with the State of Texas Railroad Commission.