- CEO
- Zoltan Nagy
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1361 Peltier Drive Point Roberts WA United States of America 98281
- IPO Date
- Aug 21, 2020
- Business
- Black Rock Petroleum Company (BKRP) is an oil and gas exploration stage company focused on the distribution of oil field equipment and related products to the energy sector. The company purchases equipment from manufacturers and distributors for wholesale to oil and gas producers; offers oilfield supplies including drilling tools, production components, and gas-related machinery; and pursues exploration opportunities in prospective reserves, though it currently generates no revenue from operations. Incorporated in 2013 and headquartered at 1361 Peltier Drive in Point Roberts, Washington, United States, Black Rock Petroleum operates primarily in North America with a website at blackrockdrilling.com.
In recent developments, the company announced an approved permit for drilling up to 10 new oil wells as part of its rapid expansion strategy, alongside a letter of intent to acquire Caledonian assets and a bitcoin mining agreement to diversify operations. Earlier announcements included pursuits of the Torrance, California oilfield—a 520-acre site in the Monterey Shale with significant proven undeveloped reserves—and participation in the Sakhalin Island investment conference to explore international opportunities. These moves reflect ongoing efforts to transition from equipment distribution toward active production and asset acquisition, though no completed major funding rounds, partnerships, or reorganizations have been confirmed in the past 1-2 years. The firm targets upstream oil and gas customers, including exploration firms and producers, amid a microcap market capitalization under $1,000.