Citla Energy, S.A.P.I. de C.V.

Citla Energy, S. A. P. I.

de C. V. is a Mexico-based company engaged in the exploration and production of oil and gas resources, prioritizing sustainable practices that align with social and environmental standards. Citla Energy, S.

A. P. I. de C.

V. focuses on oil and gas exploration and production. Founded in 2015 in Mexico City, Mexico, the company has successfully engaged in four deals by January 2018, when ACON Investments provided USD 7. 53 mn in a GROWTH funding round.

CEO Alberto Galvis leads the firm, which has not undergone significant operational pivots or changes since its inception. Citla Energy specializes in the exploration and production of oil and gas resources, focusing on sustainable practices in alignment with international environmental and social standards. The company's primary offerings include the development of joint venture projects that leverage innovative drilling technologies and methods to maximize resource extraction while minimizing environmental impact. Their services encompass comprehensive project planning, execution, and monitoring, all aimed at enhancing operational efficiency and reducing ecological footprints.

Citla Energy targets markets in Mexico, where it collaborates with local stakeholders, operating partners, and contractors to deliver energy solutions that cater to both domestic consumption and export opportunities. Key clientele includes government entities, industrial sectors, and energy distributors that rely on Citla's expertise and commitment to responsible resource management. Citla Energy's revenue generation is derived from its joint venture projects and partnerships within the oil and gas sector. The company engages in B2B transactions, collaborating with regional and international partners to facilitate exploration and production activities.

Revenue streams are structured around contractual agreements, where clients engage Citla for specific projects, resulting in milestone-based payments tied to project deliverables. The firm's flagship offerings include exclusive drilling services and environmental compliance consultations, reinforcing its commitment to sustainability while generating income. Pricing structures for services rendered are determined based on project scope and complexity, ensuring that clients receive tailored solutions that meet their operational needs. Citla Energy plans to utilize the USD 7.

53 mn raised in January 2018 from ACON Investments to support its future growth initiatives. This includes the development of new projects aimed at enhancing its drilling capabilities and expanding its market reach. The company is specifically targeting growth in additional regions within Mexico, with a focus on collaborations that support both domestic needs and export opportunities in the coming years.