Company History

Much like many other businesses, Millennium Exploration Company was founded to provide something that people needed. In our industry the one thing lacking most often was not a good oil well, but Honesty, Integrity and Fairness to partners. Honesty, Integrity and Fairness is not only our product but the Founding Principles of our company.

Millennium Exploration Company was founded by Mr. Richard Monroy who assembled a team of experts to conceive, drill, complete and manage high quality oil and gas prospects. Mr. Monroy found out early in his career that drilling a successful well was not enough for an investor to make money in oil and gas. What you also needed aside from a successful well was a fairly structured deal surrounding the producing well. Without both elements it is very difficult to realize the types of income and upsides that are usually claimed to be possible.

The problem was simple; the solution however took many years to perfect. For Mr. Monroy after working with several organizations looking for the product that contained both; the likelihood of a good well and a fairly structured deal, he realized it simply was not being offered. Mr. Monroy, after observing and participating in deals with highly speculative wells that contained very small ownerships (to the investor) for big prices finally set out to not find, but CREATE the right oil and gas opportunity. Hence the conception of Millennium Exploration Company, LLC. Through Millennium we offer mid to low risk wells that provide high ownerships (Net Revenue Interests) to the investors giving everyone the best possible chance of enjoying profits from oil and gas production.