- CEO
- Bennett W. Anderson
- Full Time Employees
- 5
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- 1414 S. Friendswood Drive Friendswood TX United States of America 77546
- IPO Date
- May 21, 2004
- Business
- Daybreak Oil and Gas, Inc. (DBRM) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of oil and natural gas properties, primarily in the United States. The company operates conventional oil and gas assets, focusing on onshore properties in established basins such as the San Juan Basin in New Mexico and Colorado; it holds interests in approximately 2,500 net acres with proved developed producing reserves and employs vertical drilling and recompletion techniques to optimize production from mature fields. Daybreak offers services including geological analysis, reservoir engineering, and production optimization for its portfolio of low-risk, low-cost opportunities targeting small to mid-sized operators and investors in the upstream energy sector.
Founded in 1999 and headquartered in Spokane Valley, Washington, the company maintains its primary operations in the U.S. Rocky Mountain region, with additional historical activity in California and Utah; it does not report significant international presence or subsidiaries. Daybreak's target markets include institutional investors, energy funds, and private equity firms seeking exposure to stable, cash-flowing hydrocarbon assets amid fluctuating commodity prices. The company emphasizes cost-efficient operations and reserve enhancement through workover programs rather than large-scale exploration.
In recent developments, Daybreak Oil and Gas has pursued strategic asset rationalizations, including the divestiture of non-core California properties in 2023 to streamline its focus on higher-margin Rocky Mountain assets; this move enhanced liquidity and reduced operational overheads. No major funding rounds, acquisitions, or partnerships were announced in 2024 or 2025, reflecting a conservative approach amid market volatility. The company continues to evaluate opportunistic acquisitions in its core basins while maintaining a lean structure without significant reorganizations or product expansions.