Module 01
Company Overview
CIM-verified data on Eagle Natural Resources, our history, leadership, and strategy.
Eagle Natural Resources was formed in Nevada and is headquartered in Plano, TX. The company has a history dating back to 2009, evolving through several entities to become the operator it is today. The core mission is to acquire and redevelop proven, producing oil and gas fields in the Permian Basin.
$55M+
Capital Raised
720
Producing Wells
10,000+
Acres Leased
Since 2009
Founded
What We Do
Eagle Natural Resources specializes in the acquisition and redevelopment of proven-producing vertical well fields. Our strategy is centered on 'exploitation,' not 'exploration.' We purchase existing assets with predictable production histories and enhance their output through targeted workovers and re-completions.
Our subsidiary, ENR Operating, LLC, is the bonded operator for all projects. This vertically integrated model gives us full control over field operations, from initial workover to ongoing production and revenue distribution, ensuring alignment with our investment partners.
Investors participate as General Partners in a Joint Venture, owning a direct, deeded working interest in the wells. This is not a fund; it is direct asset ownership that provides pass-through tax benefits and potential monthly revenue.
The Six Strategies
Eagle's CIM-verified approach to oil and gas investing.
Proven Production
We acquire fields with existing, producing wells. This is an exploitation model, not a speculative exploration (wildcatting) model.
Permian Basin Focus
All assets are located in the Permian Basin, the most active and prolific drilling region in the United States.
Diversification
The current offering includes interests in 421 wells across 35 distinct fields, spreading risk across a wide asset base.
Income + Tax Benefits
Engineered to provide monthly income potential alongside some of the most powerful tax deductions in the US code.
Operator Alignment
Eagle Natural Resources invests its own capital alongside our partners in every project, ensuring our interests are aligned.
Simplified Ownership
Investors receive a deeded Working Interest and an annual K-1, with ENR Operating managing all field operations.
Core Team
Jeremy A. Paul
CEO & Founder
Age 37, founded the company in 2009. He has nearly a decade of experience in Oil & Gas and directs all acquisition and operational strategy.
Austin Norby
Company Man / Ops Manager
Manages field-level operations and production optimization for all assets in Eastern New Mexico.
Andrew
AI & Automation
Former VP of Investor Relations at Zion Oil & Gas, now leads AI-driven automation and data analysis for ENR.
Strategic Partners & Counsel
David Accord
Geological Advisor
Renowned geologist credited with discovering approximately half of Syria's oil reserves.
Baker Tilly
Tax & Accounting
National accounting firm providing tax advisory and compliance services for the partnership.
Phoenix Oilfield Services
Rig & Field Services
Provides the rigs, equipment, and logistical support for workover and re-completion operations.
Josh Stein, Esq.
Litigation Counsel
Represents the company in all litigation matters.
Winstead PC / Monk Wilson
Offering & Compliance Counsel
Advise on offering structure, securities compliance, and regulatory filings.
Corporate Structure & History
| Entity | Role / History |
|---|---|
| Eagle Natural Resources, LLC | Current parent company (March 2016 - Present). Formed in Nevada. |
| LexStar Energy, LLC | Former company name (May 2013 - March 2016). |
| Alexander Capital, LLC | Original entity name (March 2009 - May 2013). |
| ENR Operating, LLC | Wholly owned subsidiary. Bonded operator for all production activities. |
| Pecos Valley JV | The current investment offering, structured as a Texas Joint Venture. |
Key Talking Points
Memorize These
- 1Eagle has operated since 2009 and raised over $55M across 28 prior ventures.
- 2We are the operator. ENR Operating, LLC is our subsidiary that manages all field work.
- 3Investors own a direct working interest via a JV, not shares in a fund. This provides pass-through tax benefits and potential monthly income.
- 4Our focus is redeveloping existing vertical wells. We are not drilling new horizontal wells or exploring for new fields.
- 5The current Pecos Valley JV offering is diversified across 421 wells in the Permian Basin.
- 6Eagle invests its own capital in every deal to ensure our interests are aligned with our partners.
Important Disclosures
Must Be Disclosed
- 1
Alabama Cease & Desist (2011)
The company was subject to a Cease & Desist order from the Alabama Securities Commission in 2011 related to a prior entity.
- 2
Misdemeanor Charges (Jeremy Paul)
The CEO, Jeremy Paul, has faced misdemeanor charges. Details are available in the Confidential Information Memorandum.
- 3
Active Lawsuits
The company is currently involved in active litigation, including a notable suit, Pratap v. ENR. Refer to the CIM for specifics.