High Gravity Resources is essentially the financial arm of the process. There are typically three sources to the execution of getting a well drilled- Financial, Geological and Operational. We provide, through our partners, the financial part: purchasing a portion of the prospect for development. This includes funding for Lease Acquisition, Geological, Drilling, Testing, and if successful, Completion of the well. Further, it includes final permatizing of the well site for trucking access, environmental compliance, tank batteries, et al.
As well, our projects are TURN-KEYED to the partners. This insures that additional billings do not occur during the initial drilling phase of the well. the only additional cash call would occur in the event a situation such as a needing a frac job would occur that was not planned for in the initial drilling plan. (for more information on the turn key, refer to Memorandum)