Brian Sullivan Fairfield Energy - Supporting the JDRF
Brian Sullivan of Fairfield Energy is the Director and President of Precision Global Corporation, an oil and gas company formed in early 2014. Precision Global has met with early success, and he says that he hopes to have the company self-sufficient by 2019.
Brian Sullivan Fairfield Energy is a supporter of many worthy causes, including the Wounded Warrior Project, the American Heart Association, and Susan G. Komen, formerly Susan G. Komen for the Cure. But the issue that he has provided the most financial support to is the Juvenile Diabetes Research Fund, known more commonly now as JDRF.
"I have contributed yearly to JDRF," says Brian Sullivan of Fairfield Energy. "In 2007 I was fortunate enough to donated trip on a private jet, valued at over twenty thousand dollars." It is a cause that is near & dear to my family’s heart. The others are in the thousands each year, but not as much as JDRF."
The JDRF funds new research into juvenile diabetes, more commonly referred to as Type 1 diabetes. This is a form of diabetes in which the body's immune system destroys the cells that release insulin, and if left untreated, eventually eliminate insulin production from the body. It accounts for five to ten percent of people who have diabetes.
As Brian Sullivan of Fairfield Energy knows, JDRF is dedicated to funding Type 1 diabetes research "until we achieve a world without it," as it says in their official literature. The JDRF, a 501(c)(3) nonprofit organization, uses more than eighty percent of its finances in support of new research on the disease, and relies heavily on the financial support of its many generous donors.
Brian Sullivan Fairfield Energy - A Generous Supporter
Brian Sullivan of Fairfield Energy entered the oil business after an earlier, highly successful career as a mortgage banker. Starting in 2004 he worked for an independent oil and gas as its Vice President. He was new to the business but brought with him his well-honed corporate knowledge and management skills.
"I left in September 2006 to start Fairfield Energy Inc.," he recalls. "Fairfield owned D. B. Wheeler LLC, TM4500 Drilling Rig, & Amazon Exploration. D. B. Wheeler developed a gas field in Kansas, the TM4500 was used until 2009 when it wasn't profitable to drill more gas wells due to gas prices. Amazon Exploration developed an oil field in Nebraska. The Kansas Field was sold through a settlement, while I still own the Amazon Field & the TM4500 Drilling Rig." In early 2014, he formed Global Precision Corporation and began drilling in Texas.
Throughout his career, Brian Sullivan of Fairfield Energy has been a generous supporter of a number of different worthy causes. "Since 2007 I have contributed yearly to JDRF, Susan G. Koman for the Cure Foundation, American Heart Association, and Wounded Warriors," he says. The JDRF is closest to his heart. Formerly known as the Juvenile Diabetes Research Foundation, and now more simply JDRF, the organization is the leader in funding research to end type 1 diabetes. Through the help of its many generous supporters, the group aims to end the disease.
The Wounded Warrior Project, meantime, is a veterans service organization that provides programs for military personnel who were founded in military actions after the events of September 11, 2001.
Brian Sullivan Fairfield Energy - Playing It Safe
Brian Sullivan of Fairfield Energy is a man who likes to minimize risks in business. He acknowledges that by its very nature, the oil and gas industry brings inherent risks with it. But he says that if it is done carefully, it is possible to bring investors a better than average return on their investments.
"My objective is to increase a client's portfolio as safe as possible given the industry," he says. He formed Global Precision Corporation in early 2014. The company owns the working interest in an oil field in Texas, and in less than one year's time has drilled five successful oil wells there. There are plans for twenty more wells by the middle of 2015, and Brian Sullivan of Fairfield Energy is optimistic about their success. "Our wells are being drilled in a proven field with many successful wells around us," he says.
The State of Texas is in the midst of an oil boom, the likes of which it hasn't seen in more than forty years. One are in West Texas alone has more than twenty of the top one hundred oil fields in the United States, and some economists are forecasting that Texas oil production could reach an all-time high in the next year or so. Crude oil production is driving most of this growth, although natural gas production has also increased.
Brian Sullivan of Fairfield Energy is succeeding by minimizing risks. "My philosophy," he says, is to play it as safe as possible. Because of this philosophy I have controlled twenty projects in the last nine years. Seventeen out of the twenty have been successful."