HEI Resources on Corporate Giving

Given the current state of the U.S. economy, issues such as unemployment, foreclosure, and debt are still negatively affecting many American families. More than ever before, corporations have a responsibility to do all they can to help the communities in which they operate.

Good corporate citizenship benefits both the people of a community and the company itself. Companies who ignore poverty in their community are not only turning their backs on their neighbors —- they are also hurting themselves in the long run. Companies rely on their local communities for an educated workforce and a customer base that is able to spend money; poverty hinders people’s ability to obtain a solid education and reduces their purchasing power. Furthermore, by being a responsible civic partner, companies also establish good will —- an invaluable asset —- and a positive reputation in the community.

The goal with corporate citizenship is to create a win-win situation. Companies cannot simply be located in neighborhoods; they must be good neighbors, too. 

Colorado-based HEI Resources is a primary sponsor of Outreachers, a non-denominational tax-exempt organization that promotes sustainable methods to address poverty in Colorado Springs and Guatemala. Additionally, HEI Resources supports local initiatives such as Young Life, Rocky Mountain Kids, and Kids on Bikes.

How to Get Involved With Outreachers

A prominent oil and gas company based in Colorado Springs, Colorado, HEI Resources contributes to a number of charitable organizations in its community. In particular, HEI Resources supports the efforts of Outreachers, a nonprofit organization that provides assistance to troubled teens as well as orphans in other countries. Here are examples of some ways to get involved with Outreachers.

First, give service. Outreachers depends on a vast human network to help it fulfill its goals. In the past, individuals have served as event volunteers, joined on mission trips, or participated in fundraising events such as the Chip-in Golf Tournament. 

Some instead choose to make a financial contribution. Donations received by Outreachers go directly to the general fund, which then is applied toward the greatest need at the moment. However, donors also may direct their gifts to help widows and orphaned children and to provide medical care, food, and other necessities.

To learn more about Outreachers or to find out how to get involved, visit the website at outreachers.com.

Join HEI Resources in Supporting UCCS Athletics

Located in Colorado Springs, Colorado, HEI Resources and its founder, Charles Reed Cagle, are longtime supporters of the University of Colorado Colorado Springs (UCCS). As sponsors of the UCCS Mountain Lions, HEI Resources has helped numerous student athletes find sporting success while attending school. Recently, UCCS placed 25th among National Collegiate Athletic Association (NCAA) Division II schools and seventh among public schools in Division II for its combined academic and athletic standards, making it one of the best universities for athletes in the country.

Supporting UCCS athletics through the Mountain Lion Athletic Association allows individuals to impact the lives of student athletes directly, both in the classroom and on the field. Joining the Association requires only a $50 donation, and membership provides numerous benefits, including free entry to every athletic event held on campus for the school year. For more information on the Mountain Lions or to find out how you can help, visit GoMountainLions.com.

HEI Resources: Significant Oil and Gas Found in Utica Shale


The U.S. Geological Survey (USGS) recently released new estimates for the Utica Shale, a natural rock formation that holds significant oil and natural gas reserves. The Utica, which sits below the extensively mined and drilled Marcellus Shale, has been estimated to include 38 trillion cubic feet of natural gas. In addition to these enormous natural gas reserves, the USGS also estimates that the Utica contains nine million barrels of liquid propane and ethane alongside 940 million barrels of oil, making it one of the richest untapped resources in America.

Companies have only recently begun exploiting the resources held in the Utica Shale, with 178 wells drilled in the region and 452 state permits issued by Ohio and Pennsylvania. The USGS’s results included data from other states as well, including New York, Virginia, West Virginia, and Maryland. The continued growth of reserve estimates points to a future of greater energy independence and self-reliance for the United States, as well as continued business opportunities for the oil and natural gas industries.

About HEI Resources: Headquartered in Colorado Springs, Colorado, HEI Resources facilitates exploration projects in the oil, mining, and natural gas industries. The company has assisted in the management of numerous sites across the Americas, including oil projects along the Gulf Coast and in Colorado.

HEI Resources on Oil Shale in the Green River Formation – Q&A Part One

Recently, an auditor from the Government Accountability Office testified before the United States Congress on the viability of oil shale in the Green River Formation of Colorado, Utah, and Wyoming. In this Q&A post, Colorado-based HEI Resources provides more information about this vast natural resource.

Question: Can you start off by telling our readers something about the Green River Formation?

Answer: The Green River Formation consists of a largely empty tract of federal land located where Colorado, Wyoming, and Utah meet. Scientists have discovered a rich oil shale reserve in the 1,000-foot layer of sedimentary rock just below the formation’s surface. 

Q: Do we know how much recoverable oil the land could produce?

A: The United States Geological Survey and the Rand Corporation reported that the land contains approximately three trillion barrels of oil and that 30 to 60 percent of that may be recoverable. Although HEI Resources is based in Colorado Springs, Colorado, we facilitate partnerships for energy projects around the world, so the potential for such a substantial domestic energy venture appeals greatly to our partners.

Q: Where can our readers go to learn more about your company?

A: To read more about HEI Resources, please visit www.heipartners.com.

To find out more about Green River Formation, please check out Q&A Part Two.

HEI Resources Discusses Outreachers (Part 2 of 2)

On the global level, Outreachers provides financial and institutional support for a Guatemalan orphanage known as Casa Angelina, which houses children who have lived through addiction, prostitution, physical abuse, and other hardships. Residents at Casa Angelina live in a gated community, which features a medical facility, a school, and healthy meals cooked by staff chefs. The home has about 70 residents as young as 6 months and as old as 18. In addition to providing primary capital for the construction of Casa Angelina, Outreachers has organized a group of volunteers to build a house for a widow just outside the orphanage.

Outreachers accepts contributions in various forms, including services, usable goods, and cash. Outreachers sponsors several mission trips every year, which takes volunteers to Guatemala to perform charitable work. Donors also have the opportunity to participate in the Chip In Golf Tournament, hosted by The Club at Flying Horse. All proceeds benefit the children of Rocky Mountain Kids and Casa Angelina.

To learn more about Outreachers or to find out how to contribute, visit the website at www. outreachers.com. More information about HEI Resources is available at www.heipartners.com.

HEI Resources Discusses Outreachers (Part 1 of 2)

A prominent oil and gas company, HEI Resources is proud to support the efforts of Outreachers. A nondenominational Christian outreach organization based in Colorado Springs, Colorado, Outreachers aims to nurture the educational, economic, and spiritual growth of people across the globe. In particular, Outreachers focuses on improving the lives of poor children and families living in Colorado Springs and Guatemala.

On the domestic level, Outreachers sponsors an organization known as Rocky Mountain Kids, which owns and operates four foster homes for young people between 12 and 18 years old in the Colorado Springs area. Those living at the homes learn valuable life skills that prepare them for successful lives once they emancipate. Outreachers has supported Rocky Mountain Kids in a number of ways throughout the years, including providing Christmas gifts and extras for children and staff, hosting barbeque events, sponsoring game nights and other recreational activities, and coordinating the adult mentor program. Since its formation, Outreachers’ homes have helped more than 250 boys and an additional 150 girls in and around Colorado Springs.

HEI Resources: Kids on Bikes, Inc.

A proud supporter of numerous charity initiatives, HEI Resources has taken many opportunities to give back to the community throughout the history of its operation. HEI Resources’ philanthropic mission includes support for Kids on Bikes, Inc., a non-profit organization based in Colorado Springs, Colorado. With the mission of helping underserved children get on the road with new bikes and safety equipment, Kids on Bikes has developed several innovative programs that help it make a greater impact on the community.

The ABCs Program, which operates in fifth-grade classrooms in underserved communities, provides bikes to students who have demonstrated success in meeting personal goals in the areas of Academics, Behavior, and Character, the ABCs for which the program is named. In addition to the ABCs Program, the P.E.D.A.L. (Promoting Empowerment, Determination and an Active Lifestyle) Program works directly with local public assistance organizations to provide bikes to kids in need. Through its programs, Kids on Bikes has helped hundreds of local children access the necessary resources for building a better life.

To learn more about the Kids on Bikes organization or to donate to the cause, visit www.KidsOnBikes.net.

HEI TO DRILL WELL IN ACADIA PARISH, LOUISIANA

COLORADO SPRINGS, CO (Feb. 27, 2012) 

HEI announced the Iota prospect, a drilling project for a proposed well in Acadia Parish, Louisiana near the town of Iota.  Approximately fifty miles west of Lafayette, the proposed 11,000 foot directional well will be drilled to test multiple targets, including the Duson, Hayes, Moody, and the Nonion Struma Sands.  Potential reserves are estimated to be 1MM boe. 

“The Iota prospect sits in the Iota field, a field with demonstrated production from both older and newer wells,” said HEI President and CEO, Reed Cagle.  “We like this area in Acadia Parish.  The prospect has abundant data from existing wells and sets up as a great opportunity for a nice oil discovery.”  The current production to date in the Iota field exceeds 3.5MM boe.  

In addition to the Iota prospect, HEI plans to sponsor 8-10 new drilling projects in 2012, with a core focus on oil projects in the Rocky Mountain region of the United States. 

HEI is a natural resource exploration company in Colorado Springs, Colorado, committed to the profitable and ethical development of the resources.

www.heipartners.com