Great Western Oil and Gas Company Growth, Revenue, Number of Employees and Funding

Overview

Location:
Denver, CO USA
Total Funding:N/A
Industry:Energy/Oil
Founded:2005
Lead Investor(s):N/A
Press

Estimated Revenue & Financials

  • Great Western Oil and Gas Company's estimated revenue is currently $68M per year.
  • Great Western Oil and Gas Company's estimated revenue per employee is $430063

Employee Data

  • Great Western Oil and Gas Company has 158 Employees.
  • Great Western Oil and Gas Company grew their employee count by 14% last year.
  • Great Western Oil and Gas Company currently has 9 job openings.

What Is Great Western Oil and Gas Company?

Great Western Oil and Gas Company, LLC (GWOG), is headquartered in Denver, Colorado, with field operations based in Windsor, Colorado. GWOG commenced activity late in 2005. Our core area of operations is in one of the most prolific and active areas, along the western flank of the Wattenberg field, within the Denver Julesburg (DJ) Basin, Colorado. The DJ Basin is a 70,000 square mile hydrocarbon-rich area extending over northeast Colorado into southeast Wyoming and southwest Nebraska. More than 52,000 wells have been drilled in the DJ with an extensive inventory of development and upside potential remaining. Horizontal drilling and multi-stage hydraulic fracture completions in the Niobrara have ignited a new wave of activity and brought substantial results. The DJ Basin offers several competitive strengths; lower cost development, low lifting costs, long-lived production and reserves, existing gathering/processing/transportation infrastructure in place and a well established service sector presence. We have established a demonstrated and repeatable business model based on a three-pronged strategy: Continued aggressive organic growth from our existing multi-year inventory Expanding our position in other opportunities in the oil and liquids rich areas of the DJ Basin, along the western flank of the Wattenberg field. Strategically entering other basins which have demonstrated upside and growth potential, and leverage our skill sets in operations and development We continue to focus on expanding our position in our core area through proactive and opportunistic leasing and bolt-on producing property acquisitions. Our success is founded in our network of relationships, our presence and deep local knowledge, our risk management, and our strong technical and financial capabilities.

keywords:N/A

158

Number of Employees

$68M

Revenue (est)

9

Current Jobs

14%

Employee Growth %

N/A

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Great Western Oil and Gas Company News

08/29/2019 - Colorado's oil and gas industry voices its concerns. But Gov ...

The oil and gas industry is facing new headwinds in Colorado with a ... The recent merger of two Colorado energy companies and potential for job losses .... Rich Frommer, the president and CEO of Great Western Oil and Gas.

08/14/2019 - NOONAN | Colorado's oil & gas biz drills deep to dig itself out ...

Locally owned Great Western Petroleum, a medium-sized driller in the DJ ... Adding more risk for oil/gas companies is a downward trend in the ...

08/15/2019 - OPINION | Colorado's oil & gas biz drills deep to dig itself out ...

Locally owned Great Western Petroleum, a medium-sized driller in the DJ ... Adding more risk for oil/gas companies is a downward trend in the ...

Great Western Oil and Gas Company Executive Hires

DateNameTitleReference
2012-06-06J.C. RidensPresident/CEOArticle
2018-10-24Brady ParishCFOArticle