Topsy Field · Jefferson Davis Parish, Louisiana · Upper Frio Formation
A low-risk development well targeting two productive zones with 192,000 barrels of documented production history, third-party certified reserves, and full reservoir pressure intact. Operated by Key Operating Company LLC — 30 years Louisiana experience.
Documented AFE. Fixed payout threshold. 75% NRI confirmed in writing by the operator.
75% of all production revenue flows to investors from day one. One-time $176,000 preferred distribution paid from production — not annual, not accruing.
Production returns your $2,200,000 plus the $176,000 preferred distribution. Total: $2,376,000. One fixed number. No clock. No accrual.
You retain 75% NRI at zero capital at risk. Managing Partner 20% back-in activates. Production income continues for the life of the well.
A replacement well drilled from the existing pad into two proven productive zones, backed by 192,000 barrels of documented production history and full reservoir pressure confirmed intact.
| Well Name | Hayes Lumber Co. 28 #3 |
| Serial Number | #222749 (Replacement) |
| Field | Topsy Field (8976) |
| Parish | Jefferson Davis Parish, LA |
| Primary Target | 6,400' Sand (Upper Frio) |
| Secondary Target | Marg 1 Sand (Never Perforated) |
| Proposed TD | 6,512' MD / 6,510' TVD |
| Structure | Four-Way Closure |
| Geophysics | 3D Seismic Confirmed |
| Historical Production | 192,000 BBLs / 65 MMCF |
| Original IP (Feb. 2006) | 165 BOD & 4 MCFD |
| Reservoir Pressure (2012) | 2,886 psi — 26 psi above original |
The Hayes Lumber No. 2 well was completed in the 6,400' Sand in February 2006, flowing at 165 BOD. It produced 192,000 barrels while reservoir pressure remained at or above original levels — confirmed by D-O-R Engineering in January 2012 at 2,886 psi, actually 26 psi higher than the 2006 estimate.
A 2021 workover confirmed the well was still producing 100+ BOD before a gravel pack collapse caused it to sand up. The abandonment was mechanical — not reservoir depletion. The reservoir is alive.
The Marg 1 Sand secondary target carries 60,330 BBLs of proven reserves and has never been perforated. Oil cores confirmed.
Six independent technical factors confirm reservoir quality, structural integrity, and production potential.
192,000 barrels already produced from the 6,400' Sand validates reservoir quality, deliverability, and reserve estimates.
Reservoir pressure confirmed at 2,886 psi by D-O-R Engineering in January 2012 — 26 psi higher than the original 2006 estimate. 192,000 barrels produced with virtually no drive energy lost.
Sidewall core analysis by Core Petrophysics, Inc. (Schlumberger affiliate) confirms exceptional reservoir quality. Gold fluorescence confirms oil presence throughout the productive interval.
Four-way structural closure confirmed on 3D seismic. Amplitude anomalies confirm hydrocarbon presence at both target levels. Full seismic data available in Lafayette, Louisiana.
D-O-R Engineering, Inc. (Baton Rouge, est. 1971) provided third-party reserve certification effective January 1, 2024. 180,939 BBLs proven.
The Marg 1 Sand carrying 60,330 BBLs has never been perforated. Oil cores confirmed. Entirely incremental production upside beyond the primary target.
Three production scenarios at 75% NRI, 10% annual decline, $6/bbl LOE. Payout threshold: $2,376,000. After payout investors retain 75% NRI at zero capital at risk.
| Timeline | Avg BOD | Cum. BBLs | @ $65/bbl | @ $75/bbl | @ $85/bbl |
|---|---|---|---|---|---|
| Year 1 | 143 | 52,163 | $2,227,340 | $2,618,101 | $3,008,862 |
| Est. Payout | — | — | ~15 months | ~12 months | ~10 months |
| Year 3 | 116 | 128,290 | $6,066,312 | $7,130,577 | $8,194,842 |
| Year 5 | 93 | 213,614 | $9,209,396 | $10,825,079 | $12,440,763 |
| Year 7 | 76 | 272,030 | $11,782,736 | $13,849,882 | $15,917,029 |
| Year 10 | 55 | 339,638 | $14,795,177 | $17,390,822 | $19,986,467 |
Figures show cumulative 75% NRI revenue to investors net of $6/bbl LOE before taxes. Payout threshold $2,376,000. 10% annual exponential decline per D-O-R Engineering. IDC deductions not included — consult your tax advisor. Projections are estimates only — not guarantees.
Key Operating Company LLC · Lafayette, Louisiana
Bill Guidry brings 30 years of Louisiana oil and gas operating experience to the Hayes Lumber #3 project. Bill provided a written AFE confirmation letter dated May 14, 2026, confirming the $1,971,600 documented cost breakdown and 75% NRI in writing.
Founder & Managing Partner · Crossbow Energy LLC · Aiken, SC
NYSE Floor Trader 1982–1985. Series 7 and Series 3 licenses. Hedge fund experience through 2008. Oil and gas operating experience through 2020. Crossbow Energy LLC manages the capital raise and investor relations for this Rule 506(c) offering.
Reserve Engineer · Baton Rouge, Louisiana · Est. 1971
D-O-R Engineering provided independent third-party reserve certification effective January 1, 2024, confirming 180,939 BBLs of proven reserves. D-O-R also confirmed reservoir pressure of 2,886 psi in January 2012, validating the water drive mechanism.
Prospect Owner · Mandeville, Louisiana
Sibley Petroleum Investments LLC holds the lease and project rights for the Topsy Field opportunity and assembled the full geological data package including 3D seismic, structure maps, reserve certification, and sidewall core analysis.
Approximately five months from funding close to first investor distribution.
Full $2,200,000 raise achieved. Escrow released to operator.
Guichard drilling rig mobilized to Topsy Field. Conductor set. Spud well.
6,512' MD reached in approximately 21 days. Open hole logged and evaluated.
5-1/2" casing run and cemented. Gravel pack completion. Approximately 17 days.
Well flow tested. Initial production rate established.
Well on production. First oil sales initiated at WTI pricing.
First monthly revenue distribution to investors. 75% NRI flowing from day one.
Sidewall core analysis by Core Petrophysics, Inc. (Schlumberger affiliate) confirms exceptional reservoir quality in both target zones.
Complete geological documentation is available to qualified accredited investors on request — AFE detail, drilling timelines, 3D seismic cross-sections, structure maps, stratigraphic cross-sections, D-O-R Engineering reserve certification, sidewall core analysis, and the full Private Placement Memorandum.
To request the full investor package — PPM, AFE breakdown, geological documentation, 3D seismic, and reserve certification — contact Dean Ivey directly:
All inquiries are confidential. Accredited investor verification required prior to receiving offering materials. Rule 506(c) — Securities Act of 1933.