Petrogas Company (PTCO)

Overview

PetroGas Company is an energy corporation that focuses on the exploration and production of oil and natural gas. Originally known as America Resources Exploration, Inc., the company underwent a rebranding in January 2016, adopting its current name to better reflect its core business activities. Founded in 2014 and headquartered in Houston, Texas, PetroGas Company operates primarily within the United States. The company’s key operational sites include 7 oil wells spanned across the Burns and Rogers leases, which together encompass an approximate area of 714 acres located in Frio and Atascosa counties, Texas. As a subsidiary of Rise Fast Limited, PetroGas Company is a significant player in the region’s energy sector, leveraging its assets to supply oil and natural gas while emphasizing efficiency and sustainability in its extraction operations.

Products and Services

• Oil Exploration and Production:

  PetroGas Company specializes in the exploration and extraction of crude oil. Utilizing advanced technology and methods, the company identifies potential oil reserves and conducts drilling operations across its 7 wells in Texas. This process ensures a continuous supply of crude oil, which is a crucial resource for various industries and energy production.

• Natural Gas Extraction:

  Apart from oil, PetroGas Company is engaged in the extraction of natural gas. This involves the identification of viable natural gas deposits and the utilization of techniques to safely and effectively extract the gas. Natural gas plays a pivotal role in energy generation and is in high demand for residential, commercial, and industrial use, given its efficiency and relatively lower environmental impact.