Petrotech Oil and Gas, Inc.
PTOG
Other OTC0.00
USD
- -
- -
Petrotech Oil and Gas, Inc.
PTOG
(Other OTC)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Petrotech Oil and Gas, Inc. (PTOG) engages in oil and gas exploration, development, and production activities primarily within the United States. The company offers core services including oil and gas drilling operations, lease acquisitions, production optimization, and asset management; it focuses on conventional onshore reservoirs with emphasis on low-risk, high-return opportunities in established basins. Petrotech targets independent operators, institutional investors, and energy partners as key customers, operating principally in the Permian Basin, Mid-Continent, and Rocky Mountain regions. Founded in 1999 and headquartered in Rio Rancho, New Mexico, the company maintains a lean operational structure with no major subsidiaries or parent affiliations reported. Petrotech provides additional services such as joint ventures for drilling programs, revenue-sharing production contracts, and geological consulting for reserve evaluation. In recent developments, Petrotech Oil and Gas, Inc. has pursued strategic expansions through new lease acquisitions in the Permian Basin during 2024-2025, enhancing its drilling inventory amid rising energy demand. The company announced a partnership with regional operators for enhanced recovery projects in early 2025, alongside participation in a funding round to support rig mobilization. No significant acquisitions, name changes, or reorganizations have been disclosed in the last two years.