- CEO
- Scot Jason Cohen
- Full Time Employees
- 4
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 55 5th Avenue New York City NY United States of America 10003
- IPO Date
- May 18, 2005
- Business
- Petro River Oil Corp. (PTRC) is an independent energy company focused on the exploration and development of conventional oil and gas assets; its core activities include acquiring and optimizing hydrocarbon resources for maximum extraction efficiency through geological and engineering expertise; the company targets heavy oil properties and conventional reserves in key projects such as Grapevine and Mountain View. Main products and services encompass oil and gas exploration, development, and production from assets in the mid-continent region of Oklahoma; Kern County, California; Larne Basin in Northern Ireland via indirect interests through Horizon Energy Partners, LLC; and positions in Denmark and Dorset, United Kingdom. Founded in 2000 and headquartered in New York, New York, Petro River Oil operates primarily in North America and Europe, with principal administrative functions in Houston, Texas, and historical operations extending to Kansas and western Missouri. Recent major changes include the 2017 acquisition of Horizon I Investments, which provided $5.0 million in cash and receivables along with a 20% indirect membership interest in Northern Ireland licenses covering approximately 130,000 acres; the company maintains a focus on streamlining assets amid ongoing revenue of about $1.25 million and efforts to sustain productivity in core territories, with no significant new partnerships, funding rounds, or expansions reported in 2024 or 2025.