Precision Petroleum Corporation has entered into a joint venture agreement which grants the Company first right of refusal on Montana based Oil, Gas and Coal properties. Phase 1 of this project is a 1,600 acre plot with a focus on developing after an in depth engineering program. From data obtained by the engineering program results, this 1600 acre area is where management intends to drill the first 10 wells.

Independent evaluations by resource evaluators and licensed geologists of the minerals on the land owned by members of the LLC using data prepared by the USGS (United Stated Geological Survey) and the Montana Mineral and Mining Survey have recognized value of the mineral assets of coal bed methane, natural gas, coal, oil, gravel, bentonite, forestry and dolomite. This value does not take into consideration the dollars that can be generated due to development of prototype 500 megawatt power plants, windmill power generation and the farming of crops such as corn, beets and alfalfa.
The Crow Allottees are Indians whose relatives were given land originally granted to the Allottees itself as a result of The Great Allotment Act of 1887 and The Crow Allotment Act of 1920. The Allottees, by definition, are those original Allotment beneficiaries and/or their descendants who want to obtain capital funding to develop their mineral assets within the boundaries of the Powder River Basin in Montana.
It is well documented that it has been difficult for many outside groups to deal with Crow Tribal councils regarding investments on Allottee's land due to conflicts within the Crow Council. Realizing this and understanding that their best chance for prosperity was to form a co-op group outside the rules and regulations of the Crow Tribal council, these Allottees formed an LLC under Indian law to forge partnerships with developers, drillers and oil, gas and coal companies to finally receive the financial benefits of the vast mineral resources that exist on their land.
The major cities are Hardin, Crow Agency and Lodge Grass, and the major interstate is 90. The land that is owned by the individual land owners who are members of the LLC encompasses the area within the southeast boundary of the Powder River Basin.
It is important to note that while this land is within the reservation, the owners of the land, the Allottees, are not bound by tribal reservation control when it comes to the development of their own mineral assets.
The information presented here within is copyright of White Buffalo Holdings, LLC
* Note: These reports are currently being updated to account for the increase in current energy prices.