Frostwood Energy Growth, Revenue, Number of Employees and Funding

Location:

Houston, TX USA

Revenue:

$8.1M

Total Funding:

N/A

Industry:

Energy/Oil

Founded:

2016

Lead Investor(s):

N/A
Press

Frostwood Energy Financials:

Frostwood Energy's revenue is currently $8.1M per year.

Frostwood Energy is a privately held oil and gas company with a strategic focus on the exploitation and redevelopment of mature, conventional assets in the Gulf Coast Basin. The company is headquartered in Houston, Texas and was formed in 2016 by a dynamic management team with a history of creating value in neglected assets. Frostwood's success in revitalizing mature oil fields is a result of the company's commitment to technical excellence and building the right team of highly skilled professionals to execute its business strategy. This combination allows the company to identify target assets, acquire the asset, and execute a redevelopment plan quickly and efficiently, delivering a good return to investors. Combining detailed geologic and engineering analysis with an understanding of the availability and implementation of new technologies, allows Frostwood to identify overlooked and previously unobtainable reserves in a variety of field and reservoir types. Additionally, Frostwood's operational philosophy is focused on low cost, efficient operations that ensure profitability at a range of commodity prices. The Frostwood team is comprised of a complementary mix of technical, land, and financial professionals with a wide range of experience in companies and assets of all sizes, both domestically and internationally. Frostwood's team is motivated by a passion for their work and a sense of ownership in all of the company's activities.

keywords:N/A

31

Number of Employees

$8.1M

Revenue (est)

N/A

Current Jobs

11%

Employee Growth %

N/A

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Frostwood Energy News

28-Jul-18 - Family deals with water woes after oil exploration

That letter informed Terrance, 42, and Tonja Wortham, 49, that Frostwood Energy, of Houston, had drilled a horizontal well too close to their

27-Dec-18 - The top drillers in Texas in 2018

More than 376 companies filed for 1,466 drilling permits in these conventional oil fields, led by Frostwood Energy of Houston with 85 followed