Strengthening Financial Strategy for Energy Transition and Environmental Stewardship
RCI LLC has engaged Projects RH Americas to prepare capital raising materials and introduce leading capital advisers for its USD 85 million funding round. This initiative will support the consolidation and expansion of a national platform focused on plugging and abandonment (P\&A), maintenance, and ESG-aligned remediation of aging oil and gas wells across the Gulf of America and U.S. basins.
Investment Opportunity
- USD 50 million equity for 71% of the parent company
- USD 35 million debt to support acquisitions and growth
- Immediate cash flow from contracts in hand and operational assets
- Target IRR: ~27.6% on investor equity
- Payback period: ~24 months post-deployment
- Multiple exit options: IPO readiness by Year 3.5–4, strategic sale, or PE recapitalization
Solving a $300 Billion Industry Liability
Millions of aging oil and gas wells remain unplugged across the U.S., creating environmental, financial, and regulatory risks. Federal and state agencies are tightening enforcement, and programs like the $4.7 billion federal orphan well fund guarantee long-term demand for qualified service providers. The market is fragmented, with few scalable operators able to meet mandated demand.
RCI’s solution is a fully operational, consolidation-ready platform combining Carlisle Energy Group (CEG) and Crescent Energy Services (CES)—two award-winning well service companies with nearly 40 years of field expertise and national recognition for ESG performance. With ~100 skilled personnel, specialized equipment, and a backlog of funded contracts, RCI is positioned to deliver immediate execution capacity and scalable growth.
Competitive Advantage
- Only platform with integrated P\&A, maintenance, and ESG remediation services
- Bolt-on acquisitions expand geographic reach and technical capabilities
- ESG integration unlocks access to government programs and ESG-focused capital
- Institutional governance and IPO readiness from inception
- National recognition for environmental stewardship (IOGCC Environmental Partnership Award)

Market Opportunity
The U.S. plugging and abandonment market represents over $300 billion in liabilities and millions of wells requiring closure. Demand is regulatory and counter-cyclical, providing stable, recurring revenue insulated from commodity price swings. RCI’s consolidation strategy positions it to capture market share and deliver scalable, reimbursable ESG-aligned revenue.
Execution and Traction
- Immediate cash flow from CES and CEG contracts
- Multi-year visibility through mandated programs and bolt-on acquisitions
- Integrated teams and proven operational discipline
- Early participation in federal and state orphan well programs
- Clear roadmap to IPO or strategic exit within 3.5–5 years
Financial Oversight and Strategic Guidance
Projects RH Americas will provide financial input, strategic guidance, and risk management support to ensure the project’s fiscal sustainability and alignment with long-term funding objectives. Deliverables include a financial model, information memorandum, pitch deck, and teaser for board approval.
This mandate also reflects RCI’s commitment to partnering with specialists consultants, ensuring institutional-grade financial structuring, governance, and long-term funding alignment for the national well retirement platform Pan Ocean Advisory Group of Hong Kong has been appointed to manage the fund raising.
Leadership Team
RCI’s executive team brings decades of experience in operations, equipment design, financial strategy, and ESG governance, supported by a four-member board and institutional oversight.
Contact Information
- Zack Carlisle, President & CEO, RCI (zack@ceg-usa.com)
- Paul Raftery, President, Projects RH Americas Inc. (paul.raftery@projectsrh.com)
- John Taylor Martin, Chairman, Pan Ocean Advisory Group Ltd. (jtm@panoceanadvisory.com)
We look forward to collaborating with our partners and contributing to the successful execution of this important initiative.

