Pilgrim Petroleum Corporation
PGPM
Other OTC0.00
USD
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Pilgrim Petroleum Corporation
PGPM
(Other OTC)
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ROIC.AI
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- Business
- Pilgrim Petroleum Corporation (PGPM) is an oil and gas exploration and development company that acquires, develops, and operates crude oil and natural gas properties with proven reserves in the United States. The company holds interests in projects located in Northwest Texas; the Electra Rework prospect in Wichita and Willbarger Counties, Texas; and the City National Bank Discovery Well prospect in Archer County, Texas; while also providing basic accounting, marketing, and other services to small and medium exploration and development companies. Founded in 1997 and headquartered in Addison, Texas, Pilgrim Petroleum operates primarily within the U.S. energy sector, targeting marginal oil and gas leases, producing properties, and mineral rights. The company, formerly known as BNP Petroleum Corp., changed its name to Pilgrim Petroleum Corporation in July 2005, marking its most recent significant reorganization, with no major acquisitions, partnerships, funding rounds, or new product launches reported in the last one to two years.
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