Ward Petroleum Corporation
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Ward Petroleum Corporation - overview
Location
Oklahoma City, OK, US
Primary Industry
Oil & Gas
About
Ward Petroleum Corporation is engaged in the exploration and production of oil and natural gas, utilizing advanced technologies to enhance energy resource development across major U. S. basins. Ward Petroleum Corporation focuses on oil and natural gas extraction, with its headquarters located in Oklahoma City, US.
The company has operated in various U. S. basins, reflecting its adaptability in the energy sector. Founded by a team of industry professionals, the company continues to evolve in alignment with market demands.
Ward Energy Companies specializes in the development and production of energy resources, primarily focusing on oil and natural gas extraction across several major U. S. basins including the Permian, Eagle Ford, Haynesville, Anadarko, Niobrara, and Bakken regions. Their services encompass exploration, drilling, and production, utilizing technologies like 3D seismic imaging and horizontal drilling techniques, catering to a diverse clientele including energy companies and industrial users in the Mid-Continent and Rocky Mountain regions.
Ward Energy Companies generates revenue through direct business-to-business transactions, primarily engaging in service agreements related to drilling and production operations. They structure deals around performance milestones and delivery timelines, with pricing plans that may include fixed fee agreements or revenue-sharing models based on production output. Their offerings include advanced drilling operations and oil and gas asset management, aligning their revenue structure with a strategic shift towards becoming an energy investment enterprise. Ward Petroleum Corporation has plans to enhance its service offerings with new technologies aimed at improving energy efficiency.
The company is targeting expansion into the East Coast and international markets by 2025, leveraging recent funding to support these initiatives. The funding will be utilized to bolster their operational capabilities and to strengthen partnerships in emerging markets.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.wardpetroleum.com
Total Amount Raised
Subscriber access only
Ward Petroleum Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Ward Energy Partners, LLC | - | ||||||||
| Unspecified Exit | Completed | Ward Energy Partners, LLC | - | ||||||||
| Buyout | Completed | Ward Energy Partners, LLC | - |
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