HighPeak Energy Inc. (HPKEW)

Overview

HighPeak Energy, Inc. is an independent entity focused on the exploration, development, and production of oil and natural gas resources. This venture targets the rich hydrocarbon basins of the Permian Basin, strategically located across West Texas and Eastern New Mexico. Established in 2019, HighPeak Energy roots itself in Fort Worth, Texas, operating with a core mission to leverage advanced techniques and insights to unlock significant energy reserves. By emphasizing on strategic locations within one of North America's most prolific oil and natural gas producing regions, the company aims to achieve sustainable growth and deliver substantial value to its stakeholders. As a relatively new entrant to the energy sector, HighPeak Energy operates with a forward-thinking approach to exploration and production, focusing on efficiency, innovation, and environmental stewardship to meet the current and future energy needs.

Products and Services

• Crude Oil Exploration and Production:

HighPeak Energy dedicates significant efforts towards identifying promising geological formations within the Permian Basin, applying advanced exploration techniques to discover and subsequently develop crude oil reserves. Following exploration, the company employs modern production methods to extract crude oil, optimizing recovery rates and minimizing environmental impact.

• Natural Gas Exploration and Production:

In addition to crude oil, HighPeak Energy actively explores for and produces natural gas. The company's activities encompass the entire process from geological surveying to the production phase, employing state-of-the-art technologies to ensure efficient extraction and processing of natural gas to meet the evolving energy demands.

• Natural Gas Liquids (NGLs) Production:

As a byproduct of natural gas production, NGLs represent a significant component of HighPeak Energy's product portfolio. The company focuses on the recovery and processing of NGLs, which are utilized across various industries, including petrochemical and heating. HighPeak Energy’s involvement in NGL production underlines its commitment to maximizing the value of its natural gas operations.