AUSTIN, Texas, May 27, 2011 /PRNewswire/ — TAP Management has hired Jeff Welber, a top graduate of the University of Texas Petroleum Engineering program. Mr. Welber will, among other responsibilities, focus on optimizing TAP’s existing and future oil and gas production.
TAP Management, Inc. (TAP) has been building a portfolio of oil and natural gas production since its founding in November of 2005. It identifies specific targets in oil and gas fields that meet its risk/reward criteria. TAP began executing this strategy by drilling new gas wells in South Texas using three-dimensional seismic technology. It now employs a broad range of tactics to produce oil and gas including purchasing existing production, utilizing forced pooling, and expanding its use of 3D seismic.
Today, TAP has producing assets in the South Texas, Gulf Coast, Rocky Mountain and Mid-Continent regions.
SOURCE TAP Management, Inc.