PostRock Energy Corporation (PSTRQ)
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PostRock Energy Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Clark W. Edwards CEO | OTC PINK Exchange | 737525204 CUSIP |
| US Country | 199 Employees | - Last Dividend | 5 Jan 2015 Last Split | - IPO Date |
Overview
PostRock Energy Corp. is an energy company founded in July 2009, dedicated to the business of identifying, acquiring, exploring, developing, producing, and gathering crude oil and natural gas resources. The company is strategically centered around the Cherokee Basin project, which spans across southeastern Kansas, northeastern Oklahoma, and central Oklahoma. Additionally, PostRock Energy Corp. enhances its portfolio through the ownership and operation of minor oil and gas producing properties in the Appalachian Basin. With its headquarters located in Oklahoma City, Oklahoma, the firm positions itself as a key player in the energy sector, focusing on regions with significant extraction potential to secure and supply energy resources.
Products and Services
- Acquisition
- Exploration
- Development
- Production
- Gathering
PostRock Energy Corp. strategically acquires assets, focusing on areas with high potential for crude oil and natural gas. This includes the pursuit of underdeveloped properties that can be optimized with their expertise and resources.
The company is involved in the exploration process to discover new reservoirs of crude oil and natural gas. Emphasizing cutting-edge geological and geophysical techniques, PostRock aims to identify unexploited resources within its target regions, particularly the Cherokee Basin and the Appalachian Basin.
Following successful exploration, PostRock engages in the development of identified energy resources. This stage involves the construction of infrastructure required to extract, process, and transport crude oil and natural gas, emphasizing efficiency and environmental responsibility.
PostRock Energy Corp. is actively involved in the production of crude oil and natural gas, utilizing state-of-the-art extraction methods to ensure optimal recovery of resources from its properties across the Cherokee and Appalachian Basins.
In addition to exploration and production, the company owns and operates infrastructure to gather the produced crude oil and natural gas. This involves the collection of resources from production sites to prepare them for processing, refining, and eventual sale.
