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In August 2018, Sanguine purchased 44 active operated wells, along with associated compression and gathering infrastructure in the Potato Hills field in southeastern Oklahoma.  Potato Hills is a significant structural feature within the Ouachita Fold Belt.

In September of 2017, Sanguine sold approximately 15,000 net acres in the Arkoma Basin.

In the aftermath of the collapse of oil and gas pricing, Randy had the difficult decision to either sell the business or change its business model in these hard economic time. Sanguine and their core investors made a $45 million acquisition of long life gas producing assets in the Anadarko Basin, followed by an aggressive leasehold acquisition in the Arkoma Basin.

Sanguine begins drilling shallow oil wells, eventually drilling horizontal Granite Wash wells in the Anadarko Basin in 2008.

Sanguine Gas Exploration, LLC focuses on drilling deep gas wells and continues as an innovator in the exploration of ultra-deep dry gas reserves in over-pressured formations from 2003 to 2007.

Under Don Nelson’s leadership Sanguine is sold to Dominion Corp. and later Don retires. Randy Nelson forms Sanguine Gas Exploration, LLC, retaining the majority of Sanguine, LTD staff. Randy continues the legacy of his grandfather, Herman Kaiser, and father to grow Sanguine through aggressive drilling programs and E&P acquisitions by calculated risk and entrepreneurial intelligence.

Randy Nelson is Sanguine’s exploration manager for modeling and engineering from 1994 to 2002 and works closely with his father Don to learn the ins and outs of the oil and gas industry.

Randy Nelson becomes involved in the core management of Sanguine, LTD.

As the son of Don and Ruth, Randolph Nelson pursues a bachelor’s degree from Yale in 1985, a masters in Modern History from the University of Oxford in 1986, and receives a MBA from Harvard Business School in 1991.

Randy Nelson moves to New York and works as a Senior Associate for Citibank.