ABOUT US

ABOUT US

The main objective of Atrisco Oil & Gas LLC is to protect the rights to the Minerals (oil and gas, etc), for the benefit of the unitholders of the Atrisco Land Grant.

Per the Agreement and Plan Merger dated December 7, 2006 by and between Westland Development Co., Inc. and SCC Acquisition Corp., a Delaware corporation, Westland entered into a Quitclaim Mineral Deed and Assignment of Oil & Gas Leases, in which Westland transferred and contributed to Atrisco Oil & Gas LLC a 100% interest in rents and royalties under the Sun Valley and Great Northern Leases and a 50% undivided interest in all minerals under the Subject Lands. Each shareholder was issued an Atrisco Oil & Gas Stock Certificate as part of the “Merger Agreement” dated July 19, 2006.

The Atrisco Oil & Gas Company was formed for the purpose of exploring, commercializing, and protecting the Mineral Assets. Additionally, Atrisco Oil & Gas, LLC, will pay and/or provide for any costs or liabilities incurred in carrying out the purpose and make royalty distributions to the Class A unitholders as permitted.

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WELCOME

WELCOME TO ATRISCO OIL & GAS!

Atrisco Oil & Gas, LLC exists to explore and protect the mineral rights of the Atrisco Land Grant.

While Atrisco Oil and Gas is a relatively new entity, oil and natural gas development is not new to the land grant. The first commercial oil and gas development began on March 1920 when David J. Metzgar, then president of the Atrisco board of Trustees, signed the first lease to an outside interest to explore and develop oil and natural gas resources. From 1925 through 1947, C.H. Conner held oil and gas leases in multi-year increments and Myrtle Conner held leases into the 1950s.

In 1959, the board of trustees granted permits to Armando Gianini to prospect for uranium and to Samuel Jelso to explore for oil and gas. In the 1970’s Shell Oil was active on these lands and spent a considerable amount of money and time gathering data about the lands. These efforts determined that hydrocarbons were present but no commercial success was ever realized.

In the recent past Atrisco Oil and Gas has worked with Texas based Tecton Energy, LLC in hopes of discovering natural gas. In 2008, Atrisco located a large reservoir of brackish water during its hydrocarbon exploration efforts. In a wild process of staking claims for deep water discoveries in New Mexico, Atrisco’s position as discoverer, first claimant, and beneficial user are vital factors in their effort to demonstrate ownership of this new resource. So, while the more recent efforts have not resulted in hydrocarbons, these efforts should likely have future benefits for the Atrisco heirs. In furtherance of understanding the best use of the brackish water, Atrisco Oil and Gas has worked with scientists at Los Alamos National Laboratories to analyze the water quality in an effort to determine the water’s best use, given its brackish nature. At this moment in time it is unlikely the water could be purified and used as a potable water resource. Economic factors, as they stand today, favor an alternative use with the water in its brackish state therefore projects such as bio-fuel production from algae growth using brackish water as a feedstock look like a more economical path. However, even these type of projects today have limitations.

HISTORY

Our HISTORY

The Atrisco Land Grant, from its beginning in 1703, used its lands for grazing. The first commercial development at Atrisco began on March 20, 1920, when David J. Metzgar, president of the Atrisco Board of Trustees, signed the first lease to an outside interest for the exploration and development of oil and gas. Oil and gas leasing would continue sporadically.

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CONTACT

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