- Business
- Standard Energy Corp. (STDE) engages in the acquisition, development, and production of oil and gas properties, focusing on unproven oil and gas leaseholds acquired primarily through federal Bureau of Land Management programs and competitive bidding in states including Utah and Wyoming; it produces natural gas and crude petroleum products with intent to resell, drill, or develop such leaseholds with third parties. The company operates in the energy minerals sector, specifically oil and gas exploration and production, targeting primarily domestic U.S. markets. Founded in 1978 and headquartered at 447 Bearcat Drive in Salt Lake City, Utah, it maintains a lean operation with three employees under CEO Dean W. Rowell. No major acquisitions, funding rounds, partnerships, new product launches, or strategic shifts reported in the last one to two years.