Cash Money Records co-founders, Birdman and Ronald “Slim” Williams are trying their hands in another business venture outside the music world. They’re now expanding their portfolios into the oil business.
The New Orleans-bred brothers have launched an independent oil and gas company called Bronald Oil & Gas.
Via the company’s mission station on their website, BronaldOil.com, they say their initial focus is the “exploration, production and development of oil and gas reserves from conventional and unconventional formations.”
Bronald, a combination of the brother’s first names, say they have begun the process of acquiring leases “covering areas with historical production and the opportunity for re-entry drilling as well as new drilling opportunities.”
Their current target locations include Texas, Oklahoma, Louisiana and Florida, as well as Central America.
Although this is their first foray into the oil business, they make is clear that one of their main concerns during oil exploration is “preserving the environment.”
They are also seeking investors.
“We welcome investors to join us in the exciting business of oil exploration,” the website read.
Birdman even has a tattoo in celebration of the new venture — an oil rig embedded with the words “Bronald”. So, it looks like he’s serious about it.