Friday, August 2, 2013

Story on Brandon Davis by Nate Ryan of US TODAY

Nate Ryan of US TODAY published an article about Brandon Davis's successes and struggles with his career, Swan Racing and Swan Energy.  Here is a snippet of the article. Please click on the link to read the full article at US TODAY's site.

Swan Racing's Brandon Davis thrives on NASCAR frustration

Single-car team owner, just 34, sees potential for growth in challenging climate

Brandon Davis lost his job at a mortgage company, had his car repossessed and lived on 99-cent burritos while sleeping on a cousin's couch in Denver.
A decade later, he's the owner of a team in the Sprint Cup Series.
Though Swan Racing, which is ranked 33rd entering Sunday's 400 at Pocono Raceway, hasn't met his expectations in its first full year on NASCAR's premier circuit, Davis seems to relish the challenge.

"It is frustrating, but if things are easy, they're boring," Davis, 34, tells USA TODAY Sports. "There's nothing fun about easy. If we were winning every week, sure that'd be fun, too. But if there's a challenge in front of me. I enjoy problem-solving. I've always been the underdog."
The odds seemed slim when Davis' path toward car ownership started with answering a want-ad promising, "99% failure, 1% success, six-figure income potential" as a salesman for an energy exploration company. Within three months, Davis was the top salesman and survived a purge in which everyone from a 17-person staff was fired except him.

He became a vice president at Heartland Energy at 25 but nearly went broke after a management split caused his departure from the company four years later. He formed Bedrock Energy, which nearly wiped out after starting with three dry wells in its first six months. But a run of 10 good wells led to stability, and the rebranded Swan Energy drilled 32 wells last year and is on pace for more this year.
The vacillating fortunes of a wildcatter – and transient lifestyle of NASCAR's traveling circus -- seem good fits for Davis, who bounced between schools as a kid.

"I think a lot of it relates to my childhood," Davis says. "Instability is comfortable for me. When I get to a stable point, I get bored, which pushes me further and motivates me. It's kind of a mess. My wife, Tara, it drives her crazy. If I tell her, 'We're going to throw all our money in a pile and burn it, and we're going to live in the back of a truck for a month or two,' she'll say, 'O.K.' She knows how I am. It's just what I do."

The plan in NASCAR, though, is for permanence. Davis hopes to grow single-car Swan Racing, which fields the No. 30 Toyota for David Stremme, into a multicar organization that also will field cars in the Nationwide and K&N series. The original timeline was five years to become fully established, but building a revenue model has been trickier than expected for Davis.
He had signed partial season sponsorship deals with Lean One and Widow Wax but has had to bridge the budget shortfalls.

"I'm spending a lot of money – a lot more than I'd planned on, but I'm having so much fun, I don't care," says Davis, who raced dirt late models in his spare time before starting Swan Racing last August. "When it gets to the point that impacts my business, it'll change things. But for the time being, we're good, and I'm happy... CLICK  READ FULL ARTICLE

Wednesday, March 13, 2013

Swan Energy Announces Update for Operations in McClain and Garvin Counties, Oklahoma

 Since 2008, Swan Energy,Inc., alongside and through their strategic partners and affiliates, has furthered its operations in McClain and Garvin Counties, Oklahoma with the launch of the Wildhorse Creek Joint Venture. In these two counties, Swan Energy has 23 wells producing and 3 well under completion.

Swan Energy with Joint Venture partners visiting McClain county wells

Brandon Davis, CEO of Swan Energy, Inc., states “We have the opportunity to continue our drilling program in Oklahoma in one of the most prolific producing areas of the mid-continent with an operator that has a wealth of experience in drilling over 40 wells in the immediate area.”

The 10 townships that Swan Energy is exploring have produced over 557 Million barrels of oil and the wells have averaged over 125,000 bbls of oil each.  Swan Energy’s Director of Exploration, John Herring, has stated, “Every prospect we drill has the potential to be a Bromide producer, which have averaged over 250,000 bbls of oil for each well.  Furthermore, there are many wells that have made in excess of 400,000 bbls of oil and plenty of wells that made over 1,000,000bbls of oil.”

Swan Energy is currently subscribing the Wildhorse Creek Joint Venture, which will consist of four wells in McClain and Garvin Counties, Oklahoma.  The first well drilled in this Joint Venture is currently under completion with the 3 remaining wells to begin drilling by the end of March.  While each well has primary target formation of the Bromides, the wells also have back up zones in the Hart Sands, Woodford Shale, Hunton Limestone, and Viola Limestone.

John Herring states, “All four prospects are modeled after our tried and true exploration method: drill in areas of proven production with all available offsets and seismic data to find the undrilled locations that are geologically correct for tapping large accumulations of oil.”

Swan Energy continues its long-term commitment to the exploration and production of proven oil and gas fields; specializing in the acquisition and development of domestic oil and natural gas fields in petroleum-rich areas across the United States.