- CEO
- Randy Scott May
- Sector
- Healthcare
- Industry
- Medical - Pharmaceuticals
- Address
- 609 West Dickson St Fayetteville AR United States of America 72701
- IPO Date
- Nov 18, 2022
- Business
- White River Energy Corp White River Energy Corp (WTRV) operates as a vertically integrated energy company focused on oil and gas exploration, production, streamline lease acquisitions, and drilling operations primarily across approximately 34,000 acres of mineral leases in Louisiana and Mississippi; the company targets mature oilfields to mitigate dry hole risk and serves customers in the United States with 11 productive wells, field services through independent contractors, and upstream activities including workovers and development drilling. Founded in 2011 through the evolution of Mount Tam Technologies, Banner Midstream, and Fortium Holdings Corp, it is headquartered in Fayetteville, Arkansas, with remote and field-based operations supporting around 42 full-time employees and 17 contractors. In September 2022, the company rebranded from Fortium Holdings Corp following a reverse merger acquisition of White River Holdings Corp from BitNile Metaverse Inc (formerly Ecoark Holdings Inc), sold non-core subsidiaries to streamline its oil and gas focus, and uplisted to the OTCQB Venture Market; subsequent developments include a November 2023 joint venture for $500 million in U.S. federal income tax credits with profit participation and equity issuance, the October 2023 launch of wholly-owned subsidiary White River Private Capital Management offering IDC funds, 1031 exchange funds, and insurance-designated funds via limited partnerships such as the $50 million White River Energy Partners I LP, a November 2023 engagement with Truuli Environmental Inc for carbon emission reduction, December 2023 uplisting of warrants to WTRVW, and recent 2025 updates on legal resolutions including a Florida lawsuit withdrawal in September. White River Energy maintains a hybrid public-private model for structured financial products in oil and gas, with strategic plans for acquisitions, drilling expansions, proven reserve purchases, midstream operations like crude storage and trading, and carbon-neutral goals supported by public works initiatives for Native American tribes. The company presents at investor conferences, files SEC reports including recent 10-Qs detailing net losses and revenue growth, and emphasizes sustainable energy solutions amid ongoing drilling projects and market expansions.