- CEO
- Samuel C. Smith
- Full Time Employees
- 7
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 297 Kingsbury Grade Stateline NV United States of America 89449
- IPO Date
- Sep 23, 2013
- Business
- Silverton Energy, Inc. (OTC:SLTN) is an independent upstream oil and gas exploration and production company focused on acquiring, developing and producing crude oil and natural gas reserves in the prolific SCOOP, STACK and MERGE plays of the Anadarko Basin in Oklahoma; the company holds interests in over 150 producing wells across approximately 9,500 acres, with direct management of properties to maintain productivity, prospect inventory building via property acquisitions, 3D seismic surveys and field development targeting low-risk drilling opportunities in proven fields, and marketing of extracted hydrocarbons to customers. Founded in 2010 and headquartered in Plano, Texas, Silverton operates exclusively in Oklahoma, emphasizing roll-up strategies for existing production assets to accelerate revenue generation over new drilling. In March 2023, the company underwent a management change and completed the acquisition of Xutapa Properties LLC, adding 2,800 acres and producing wells in northern Oklahoma; on May 1, 2024, Silverton acquired oil and gas leases from American Heritage Investment Capital, LP for $81 million and on May 9, 2024, finalized a strategic transaction establishing a high-growth E&P platform with an experienced technical team and more than 50 proved undeveloped drilling locations.