- CEO
- Teresa Jackson
- Full Time Employees
- 3
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 7150 East Camelback Road Scottsdale AZ United States of America 85251
- IPO Date
- Jul 1, 1993
- Business
- AER Energy Resources, Inc. is a diversified holding company principally engaged in the acquisition, management, and operation of oil and gas properties across North America. Its core products and services include oil and gas exploration; drilling and well completion services; fuel distribution; and the recycling of used motor oil. The company operates a petroleum marketing subsidiary, FTPM Resources, Inc., which specializes in the purchase, sale, and recycling of fuel and petroleum products. Founded in 2007 and headquartered in the United States, AER Energy Resources has expanded its footprint through strategic lease acquisitions and operational growth in the oil and gas sector.
In recent years, AER Energy Resources has refocused its business towards the oil and gas industry, marked notably by the acquisition of FTPM Resources in 2010 and multiple oil and gas leases from Texas Energy, Inc. in 2012. The company has maintained efforts to grow its producing properties and diversify its product offerings within North America. Operationally, it manages oil and gas wells with efforts on well completions while expanding its fuel product marketing and recycling operations as part of its broader resource management strategy. There have been no major new acquisitions or partnerships publicly reported in the last two years, but the company continues active management of its oil and gas assets and fuel distribution activities.
AER Energy Resources serves a wide range of customers including oil and gas producers, fuel users, suppliers, and recyclers, underlining its positioning within the upstream oil and gas and midstream fuel marketing sectors. Its service and product offerings are specialized for the North American energy market. The company remains headquartered in the United States and focuses predominantly on U.S. and Canadian markets through its diverse energy and resource management activities. This operational focus aligns with its long-term strategic emphasis on oil and gas exploration, production, and sustainable fuel product services in North America.