Oil & Gas
The oil and gas division of The Genecov Group is responsible for the management of the mineral and leasehold ownership of the various oil and gas holdings owned by the Genecov family. The majority of the oil and gas assets are located in the state of Texas. Currently, the oil and gas division operates under the names “New Horizons Oil & Gas, Ltd.” and “New Horizons WI, LLC”, but it has also operated under the names “Genecov Sunset Oil & Gas, Ltd.” and “Genecov Sunrise Oil & Gas, Ltd.”
The Genecov Group continues to remain active in its efforts to explore for oil and gas. While our primary oil and gas focus is in the East Texas Basin, we derive revenues from several states that include Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Alabama, Florida, Colorado and Montana.
Our long-term growth is dependent on our ability to replenish reserves at reasonable costs and manage our existing assets in a cost conscious manner. The Genecov Group believes there will continue to be growth opportunities for companies of all sizes with superior physical, technical, financial, and personnel resources.