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February 12, 2016 1:18 PM ET

Energy Equipment and Services

Company Overview of Nadel & Gussman, LLC

Company Overview

Nadel & Gussman, LLC engages oil and gas drilling. The company was founded in 1935 and is based in Tulsa, Oklahoma.

15 East 5th Street

3200 First Place Tower

32nd Floor

Tulsa, OK 74103

United States

Founded in 1935

Phone:

918-583-3333

Fax:

918-583-0888

Key Executives for Nadel & Gussman, LLC

President and Managing Member
Compensation as of Fiscal Year 2015.

Nadel & Gussman, LLC Key Developments

BC Operating, Inc. Forms Joint Development Agreement with Nadel and Gussman, LLC

BC Operating, Inc. announced that it has formed a joint development agreement with Nadel and Gussman, LLC, combining the two companies’ acreage and reserves in southern Eddy and Lea counties in New Mexico. The combined position consists of an acreage footprint of approximately 50,000 net acres, and 5,500 barrels of oil equivalent (BOE) per day of operated production. BC will assume operatorship of the combined acreage including all existing wells. The large-scale position has multiple targets in the Permian Basin including Wolfcamp, Avalon, Delaware and Bone Spring production. BC expects to run at least one drilling rig in 2016 and will add more acreage, strengthening the combined position.

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