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Wolfberry

other on 1 show · 2 statements across 1 episodes

Capital Allocators

2 statements about Wolfberry, every show

CAPITAL ALLOCATORS Assertion Supported
Farber: Wolfberry was historically a promoter's paradise that produced oil without payout
“For many years, this was known as a promoter's paradise because you could drill a well in the Wolfberry and you always produced oil. It just typically didn't pay out.”
Jonathan Farber Jan 20, 2025 ▶ 17:33 Striking Oil – CrownRock by Lime Rock Capital (EP.428)
CAPITAL ALLOCATORS Disclosure
McLean: CrownRock lost half its Gothic Shale capital, carried by Wolfberry
“The gothic shale was a complete bust. We lost half of our capital. Then we invested in that part of the play, but the wolfberry was so profitable so early that it carried those other stumbles.”
Jay McLean Jan 20, 2025 ▶ 16:27 Striking Oil – CrownRock by Lime Rock Capital (EP.428)

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