Benefits Of Participating In Oil & Gas With Hew-Tex
- Twenty-six (26) year track record
- Cutting edge technology through all phases of drilling/completion including three dimensional (3D) seismic
- Drilling partners include Marathon, Exxon Mobil/XTO, Conoco Phillips Burlington, Statoil, Hunt Oil, Carrizo Oil & Gas, Oasis Petroleum of North America
- Drilling in the prolific south Texas Eagle Ford Shale with Marathon Oil
- Potential long term monthly income
- Substantial tax benefits
- Tax free income-depletion allowance
- Partner friendly business model
- Low overhead – low promote
- No commission paid on your participation – amplifies the ROI
- No high pressure sales
- Reasonable minimum participation
Peter H. Hewett, President/Director of Hew-Tex Oil and Gas Corporation.
Mr. Hewett’s family has been involved in the oil and gas industry for more than 60 years. As a young man, Mr. Hewett acquired his oil and gas education through the mentorship of his father, who’s started his oil and gas career as a Senior Gas Analyst for Tennessee Gas Transmission, later known as Tenneco. His father’s forty-year career involved traveling the globe extensively and representing the interests of numerous major oil and gas entities. Mr. Hewett’s older brother began his career in the oil and gas industry in the 1960’s as a Regional Sales Manager for Jefferson Chemical Company, which was ultimately acquired by Texaco. This brother later formed Coastal Chemical Company, an oilfield chemical supply company specializing in the manufacture of down hole chemicals.
Mr. Hewett officially began his career in oil and gas as a Senior Account Executive for Major Oil Company, a Houston-based driller/operator. He worked there for a several years structuring programs and analyzing wells. Combining the knowledge he gained from his father and brother, his experience at Major Oil and his own business management, Mr. Hewett founded J&H Oil Company in 1981. During his six-year tenure as Chairman and CEO, the company piloted successful drilling projects in the United States, primarily in Texas. In 1987, Mr. Hewett was appointed Chairman of Omni Financial Group, a registered securities firm in Houston, Texas. Over a period of less than two years, Mr. Hewett was directly responsible for the acquisition, continued operation, and subsequent sale of two retail businesses. While at Omni, he also successfully negotiated the acquisition of several municipal cable television franchises, later driving the sale of them to a large cable television company.
In 1989, Mr. Hewett founded Hew-Tex Oil & Gas Corporation in Houston, Texas. Shortly thereafter, he invited his father, Harold James Hewett II, to join him as Secretary and Treasurer. Together, they began to selectively purchase and develop oil and gas properties. This development has continued for the last twenty seven years, while Mr. Hewett’s leadership has evolved the firm into a well-respected oil and gas production company. Hew-Tex is known throughout the country for its ability to define high quality oil drilling opportunities Texas and its adeptness to effectively act as joint venture manager for a significant and ever-increasing number of income-producing wells. Mr. Hewett is President of Hew-Tex and currently resides in Houston, Texas.
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