Reg D · 506(c) · Accredited Investors

The Cash Flow Focused Oil Fund

OWP Legacy Development acquires legacy oil & gas fields with decades of production, then executes low-risk shallow conventional drilling on proven formations across Kansas, Oklahoma, and Texas.

$50,000
Minimum Investment
25-40%
Projected IRR
Under 24 Months
Projected Full Capital Return
Kansas · Oklahoma
Operating Footprint
Under 5,000 ft
Primary Drilling Depth

Important: Targeted IRRs, capital-return timelines, and distributions are illustrative projections based on internal modeling assumptions. They are not guarantees or predictions of actual results and may not be achieved. Oil & gas investments involve substantial risk, including total loss of principal.

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A 3-minute look inside the fund

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01 · The Strategy

Four ways we create value

Every dollar of invested capital flows into one of four activities, each with a different risk profile, timeline, and upside. No single line item carries the project. That's the point.

01

Acquire

Off-Market Legacy Fields

Target legacy oil & gas fields with decades-long production histories, existing infrastructure, and immediate cash flow. Purchase at low-cycle prices when assets trade below replacement cost.

02 · Our Competitive Advantage

Why we can do this better than others

Oil & gas is a relationship business. After acquiring over 7,000 acres with 400+ producing wells since 2023, we've built the infrastructure and network to systematically source, evaluate, and optimize legacy assets.

01

Why the deals come to us

Relationships drive this industry. Years of building trust with operators, brokers, and field partners position One World Petroleum as a preferred buyer for legacy producing assets.

Important: Descriptions of the fund's strategy, advantages, and how it is designed to perform are the company's views and forward-looking statements, not guarantees of future results. Oil & gas investing involves substantial risk, including the loss of principal.

Leadership

Meet the in-house leadership team

Combined decades across acquisitions, upstream exploration, and production. Sourcing off-market deals and executing cost-efficient development.

Alexander Ottewell

Alexander Ottewell

Chief Executive Officer

  • 14 years of self-employment
  • Over 1,000 real estate transactions
  • $300mm+ transaction history
  • 7,000+ acres of oil field owned; 400+ wells currently producing
  • Multi-year primary sponsor of the largest oil & gas expo in the U.S.
  • Featured as “CEO Spotlight” in NAPE Magazine, July 2024
Jay Parker

Jay Parker

Senior VP · Geoscience & Exploration

  • 40+ years of global upstream oil & gas experience
  • Deep technical and leadership expertise across exploration, development, and production
  • Led major discoveries and seismic-driven strategies at Murphy Oil in Alaska, Gulf of Mexico, West Texarkana Field
  • Former VP of Exploration, Renaissance Offshore (2014-2020), overseeing $100mm+ in asset and drilling campaigns
Brandon Guiles

Brandon Guiles

Senior VP · Production

  • Nearly 20 years of upstream oil & gas experience across multiple North American basins
  • Expertise in acquisitions, drilling, completions, and production optimization
  • Proven success sourcing off-market assets and executing cost-efficient development plans
  • Former President of Multiplex Resources and Walnut Creek Energy

Important: Biographies and track-record figures are provided by the individuals and reflect their prior experience. Past performance is not indicative of future results and does not guarantee the fund's outcomes.

03 · The Opportunity

Low-risk drilling on proven formations, at a fraction of typical costs

Most oil & gas capital chases deep, expensive, exploratory wells. We do the opposite, and the contrast is the whole point.

Traditional Our approach
Target formations

Deep unconventional

Shallow conventional

Typical well depth

10,000-15,000 ft

Under 5,000 ft

Development approach

Exploring new acreage

Infill drilling

Target geology

Based on assumptions

Prior-drilled acreage

Drilling package

1-5 wells

10-50 wells

Cost per well

$4-8 million

$150-750k

The idea is simple: rather than concentrating capital in a handful of expensive wells, we spread it across many smaller, lower-cost wells on already-proven acreage, so no single well makes or breaks the program.

Comparative figures are illustrative, approximate, and pending source verification. Spreading capital across more wells does not assure a profit or protect against loss. Oil & gas investing involves substantial risk, including loss of principal.

04 · Why It Works

Built to perform even when things don't go perfectly

Risk spread across multiple wells

Portfolio approach to drilling programs. Individual well outcomes don't determine project success. Aggregate performance across proven formations drives returns.

Proven formation targeting

We drill into formations with established offset production data. Historical performance across the field provides a clear view of what the geology can deliver.

Capital-efficient per-well costs

Shallow conventional drilling at a fraction of unconventional costs. No complex completions, no horizontal drilling, no multi-stage fracturing programs.

Infrastructure already exists

Target fields with existing gathering systems, tank batteries, and pipeline access. Wells can be brought online quickly without major infrastructure investment.

Important: Descriptions of the fund's strategy, advantages, and how it is designed to perform are the company's views and forward-looking statements, not guarantees of future results. Oil & gas investing involves substantial risk, including the loss of principal.

05 · Investment Framework

We underwrite for the downside first

Every deal is stress-tested before capital is deployed. Specific return targets and terms are provided in the offering documents, after your accredited status is verified, not advertised here.

  1. 01

    Immediate cash flow. Existing production is intended to generate distributions from early in the ownership period.

  2. 02

    Capital recovery. Low per-well costs and existing production are structured to return capital before drilling upside.

  3. 03

    Upside optionality. Additional drilling locations and optimization opportunities provide potential further growth.

  4. 04

    Exit value. After the hold period, sale proceeds are shared 50/50 LP/GP per the offering terms.

  1. 01

    Downside protection. We model conservative drilling success to underwrite for capital return even when results disappoint.

  2. 02

    Oil price sensitivity. Every project is stress-tested across a $50-$90 oil band to understand return variability.

  3. 03

    Multiple revenue streams. Existing production, reactivations, reworks, and new drilling each contribute independently.

  4. 04

    Conservative exit assumptions. A 5-year hold model treats exit proceeds as upside on top of cash-flow recovery.

Important: Targeted IRRs, capital-return timelines, and distributions are illustrative projections based on internal modeling assumptions. They are not guarantees or predictions of actual results and may not be achieved. Oil & gas investments involve substantial risk, including total loss of principal.

In Their Words

What Our Investors Say

This is a relationship business, built over years on straight answers and consistent reporting. Here is what our investors say about working with us.

Having had family members with individual wells on their properties, we appreciated OWP's approach. We have been extremely happy with our results and look forward to a long-term relationship.

Jim S.

Fintech CEO · Florida

Important: Testimonials reflect the individual experience of the person quoted and may not be representative of the experience of other investors. They are not a guarantee of future performance or success. Any cash or non-cash compensation and any material conflict of interest will be disclosed. Testimonials are not investment advice.

07 · Risk Mitigation

How we drill through diversified low-cost development

The downside is anchored by producing wells and proven formations with visible production histories.

Risk Mitigation Framework

Our approach focuses on fields with established production histories, reducing the geological and operational uncertainty typically associated with exploration-stage drilling.

  • Target legacy fields with multi-decade production records and established reserve data
  • Immediate cash flow from existing producing wells upon acquisition
  • Shallow conventional drilling dramatically reduces per-well costs and complexity
  • Portfolio approach spreads risk across multiple wells and formations

Why Our Model Works for Investors

We provide structured entry into proven assets that have demonstrated consistent production yet often trade below intrinsic value due to scale or operational constraints under prior ownership.

  • Immediate cash flow from day-one production
  • Development optionality through identified infill locations
  • Long-life reserves typical of conventional formations
  • Operational upside through modern field management

Downside Protection

Unlike pure-play drilling ventures, our downside is anchored by producing wells and proven formations with visible production histories.

  • Low operating costs keep fields cash-flow positive at moderate oil prices
  • Existing production generates revenue independent of new drilling outcomes
  • Conservative reactivation costs allow incremental production additions
  • Existing infrastructure eliminates major build-out risk

Capital-Efficient Drilling Upside

Our drilling programs add growth potential through conventional development at costs significantly below industry averages.

  • Sub-unconventional costs for shallow conventional wells
  • Accelerated payback periods due to lower capital requirements
  • Proven formation targeting reduces geological risk
  • Rapid time-to-market with existing gathering systems

Important: These measures are designed to reduce risk, not eliminate it. Oil & gas investing involves substantial risk, including the total loss of principal, and no approach guarantees against loss.

08 · Tax Strategy

IDCs. TDCs. ICCs. Depletion.

Four stacked tax benefits under current U.S. tax law for direct working-interest holders in oil & gas development. For educational purposes only. Consult your licensed tax professional.

Year 1 · Ordinary Income Offset

Intangible Drilling Costs, up to 100% deductible Year 1

Typically 65-80% of total well costs qualify as IDCs: labor, chemicals, drilling mud, rig time, fuel. Deductible in the year the well begins drilling (spud date), regardless of whether it ultimately produces oil. For working-interest holders, IDCs pass through via K-1 and may offset ordinary income.

Note: For educational purposes only. This is not tax advice. Tax treatment depends on your individual circumstances and current law, which may change. Consult your own licensed tax professional before investing.

Getting Started

Four steps to get started

No maze, no cold paperwork, just a clear path from your first conversation to a funded position.

01

Book a call

Start with a conversation about the fund, the strategy, and whether it fits your goals. No pressure, no obligation.

02

Learn about the fund

Review the assets, the underwriting, the team, and the full offering documents until every question is answered.

03

Execute in the investor portal

Sign your subscription documents, submit your accreditation, and fund your investment, securely, all in our custom investor portal.

04

Targeted monthly distributions

After the asset closes, targeted monthly distributions are structured to begin within 60-90 days.

Important: Targeted IRRs, capital-return timelines, and distributions are illustrative projections based on internal modeling assumptions. They are not guarantees or predictions of actual results and may not be achieved. Oil & gas investments involve substantial risk, including total loss of principal. Distributions are not guaranteed and depend on production, commodity prices, and other factors.

Book a call with our team

Available to accredited investors.
Minimum investment $50,000.

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Important Disclosures

No offer of securities. The information on this website is provided for general informational purposes only and does not constitute an offer to sell, or the solicitation of an offer to buy, any security, nor shall there be any sale of securities in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. Any offer or solicitation will be made only to verified accredited investors and only by means of a confidential private placement memorandum (PPM) and the related subscription and offering documents, which contain complete information about the offering, including its terms, fees, conflicts of interest, and risk factors. In the event of any conflict between this website and the offering documents, the offering documents control.

Accredited investors only; Rule 506(c). The securities are offered under Rule 506(c) of Regulation D promulgated under the Securities Act of 1933, as amended, and are available only to persons who qualify as 'accredited investors' as defined in Rule 501. Because general solicitation is permitted under Rule 506(c), the fund is required to take reasonable steps to verify accredited status; verification is completed through a qualified third-party service or a letter from a licensed attorney, CPA, or registered investment adviser prior to any investment.

Unregistered securities; no regulatory approval. The securities have not been and will not be registered under the Securities Act of 1933 or the securities laws of any state, and are offered and sold in reliance on exemptions from registration. Neither the U.S. Securities and Exchange Commission nor any state securities regulator has approved or disapproved of these securities or passed upon the adequacy or accuracy of any offering materials. Any representation to the contrary is unlawful. The securities are not bank deposits and are not insured by the FDIC, SIPC, or any other government agency.

Speculative; risk of total loss; illiquidity. An investment in an oil and gas fund is speculative and involves a high degree of risk, including the risk of losing your entire investment. The securities are illiquid: there is no public market for them, none is expected to develop, and resale and transfer are subject to substantial restrictions and to the terms of the offering documents. An investment is suitable only for persons who can bear the economic risk of loss for an indefinite period and who have no need for near-term liquidity.

Oil and gas and drilling risks. Acquiring, developing, and drilling oil and gas properties involves numerous risks, many of which are beyond the fund's or the operator's control, including: wells that are non-productive ('dry holes') or that produce less oil or gas than estimated; the inherent uncertainty of reserve, resource, and production estimates, which are estimates only and may not be realized; the natural decline of producing wells over time; mechanical, equipment, and operational failures, blowouts, fires, spills, and other hazards; volatility in crude oil and natural gas prices, which directly affects revenue and any distributions; the availability and cost of equipment, services, and qualified personnel; dependence on third-party operators, purchasers, and midstream infrastructure; title, leasehold, and permitting defects or delays; and extensive and changing federal, state, and local regulation, including environmental, safety, and tax laws. Some losses may be uninsurable or may exceed available insurance coverage.

No guarantee of returns or distributions. Any targeted or projected returns, internal rates of return (IRR), multiples, capital-return timelines, hold periods, and distribution amounts or frequencies shown on this website are illustrative, are based on internal assumptions and modeling, and are hypothetical. They are not guarantees or predictions of future results and may not be achieved. Distributions, if any, are not guaranteed and depend on production, commodity prices, expenses, and other factors, and may be reduced, delayed, suspended, or eliminated.

Forward-looking statements. This website contains forward-looking statements, including statements regarding strategy, projected performance, and market conditions. These statements involve known and unknown risks and uncertainties, and actual results may differ materially from those expressed or implied. The fund undertakes no obligation to update any forward-looking statement.

Not investment, legal, or tax advice. Nothing on this website is, or should be construed as, investment, legal, accounting, or tax advice, or a recommendation to buy or sell any security. Descriptions of potential tax benefits (such as intangible drilling costs and depletion) are general and educational only; tax treatment is complex, depends on your individual circumstances, and may change. Consult your own legal, tax, and financial advisors before investing. No advisory or fiduciary relationship is created by your use of this website.

Past performance; third-party information; testimonials. Past performance is not indicative of, and does not guarantee, future results. Certain information has been obtained from third-party sources believed to be reliable, but its accuracy and completeness are not guaranteed. Testimonials reflect the individual experience of the person quoted, may not be representative of other investors, and are not a guarantee of future performance; any compensation paid and any material conflict of interest are disclosed.

© 2026 OWP Legacy Development. A Division of One World Petroleum. All rights reserved.