Fivestones Energy LLC is a Midland, Texas based company actively engaged in the exploration, development and production of oil and natural gas in the Permian Basin of West Texas. Founded in December 2007 by a team of highly experienced and successful energy professionals, the overwhelming success of its first three projects, the Goliath Prospect, the Big Amigo Prospect, and the New Amigo Prospect, has propelled Fivestones into the forefront as being one of the great success stories of West Texas. With a business plan that focuses on identifying areas of missed opportunities in established, low risk, resource play areas, and then, using sound geological and engineering practices, optimized drilling and completion techniques, and low cost operations to exploit these missed opportunities, Fivestones has quickly developed a reputation for creating value and growth through finding strong, stable, long life and low risk, PDP and PUD reserves for the industry.
Headquartered in Midland, Texas, Fivestones Energy LLC used the success of its initial projects to establish a new partnership with Energy Trust Partners in 2012. This partnership, FSE Partners I LLC, is focused on exploiting the expertise of the management team to establish long-lived assets with significant development potential in the Permian Basin and other areas of prior experience.
Fivestones Energy LLC is pursuing properties throughout the Permian Basin and is actively engaged in executing its current drilling program.