Sklar Explorations

About Us

Sklarco L.L.C. and its affiliated operating company, Sklar Exploration Company L.L.C., are independent exploration and production companies owned and managed by Howard F. Sklar.

For more than 80 years and under the leadership of three generations, the Sklar family has prospered in the oil and gas industry. With offices in Boulder, Colorado, Shreveport, Louisiana, and Brewton, Alabama, Sklar owns interests in oil and gas wells located throughout the United States. Sklar’s exploration and production activities center on the hydrocarbon-rich Lower Gulf Coast basins and in the Interior Gulf Coast basins of East Texas, North Louisiana, South Arkansas, South Mississippi, South Alabama and the Florida Panhandle.

Our achievements and extensive history are based on three pillars: excellent assets, extraordinary people and prudent capital allocation. Specifically, we target long-lived, low cost conventional assets which are profitable even in challenging commodity price environments. We have built and maintained an extraordinarily talented team. And we have a long tradition of excellence in capital allocation directed toward the exploration for and exploitation of crude oil and natural gas reserves.

A Letter from Howard Sklar, CEO

Howard Sklar in his office

Sam Sklar
Patriarch, Sam Sklar
It is an honor and a privilege to follow in the footsteps of my Father, Albert Sklar, and Grandfather, Sam Sklar, and to lead this generation of the Sklar family's exploration and production activities. In many ways, our current activities are similar to those of the past. We are active in many of the same basins. We have maintained business relationships with many of the same employees, investors and vendors. We have even experienced a proliferation of activities in old fields which have been core properties for the Sklar family for decades.

Yet the oil and gas industry is always changing and, in particular, is being reshaped today by technology and innovation. We use reservoir modeling and geological and geophysical processing techniques today that simply were not possible without modern computing power. In many cases, our equipment today can be remotely monitored and controlled with real time data from the touch of a keyboard, click of a mouse or even the touch of a screen on a smart phone. And perhaps most notably, the powerful combination of horizontal drilling and hydraulic fracture stimulation has unlocked the production of hydrocarbons in rock, such as shale, we previously considered insufficiently porous and permeable to produce.

The “resource plays” have had both positive and negative consequences for conventional producers. We have always had “boom and bust” cycles but recent busts have been more attributable to large supply gluts arising at least in part from the resource plays than from a constriction of demand. At the same time, the attraction of capital to resource plays has clearly meant less competition for conventional production in mature basins. Finally, just as competitors have fled conventional production, so too have many service companies. The scarcity of experienced personnel and good equipment has made our relationship with employees and vendors more important than ever.

We are an "independent" in all of the best senses of the word. We do not have to try to please public shareholders or private equity investors and are free to make the best long-term decisions regardless of the short-term consequences. While not opposed to buying or selling assets, we prefer steady, organic growth by developing our own assets to a “buy and flip” strategy. We must adapt to the challenges of the changing world in which we live. And yet we must also maintain those convictions which have rewarded our family over the years in the face of war, recession and many other obstacles. In summary, it is both the challenge and the reward that captivate me and motivate me to dedicate my time and efforts, and my resources, to the oil and gas business.

Yours very truly,
Howard F. Sklar