About Brg Petroleum
Brg Petroleum is a company based in Tulsa (United States) founded in 2004 was acquired by Chessapeake in December 2004. Brg Petroleum has raised $26.1 million across 2 funding rounds from investors including Chessapeake. The company has 73 employees as of December 31, 2022. Brg Petroleum offers products and services including Oil and Gas Acquisition and Developmental Drilling.
- Headquarter Tulsa, United States
- Employees 73 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
- Legal Name Brg Energy Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$26.1 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Apr 16, 2014
- Investors
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Employee Count
73
as on Dec 31, 2022
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Acquired by
Chessapeake
(Dec 27, 2004)
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Products & Services of Brg Petroleum
Brg Petroleum offers a comprehensive portfolio of products and services, including Oil and Gas Acquisition and Developmental Drilling.
Acquisition of producing properties is conducted for developmental purposes
Low-risk drilling is performed in proven areas to develop reserves
People of Brg Petroleum
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Funding Insights of Brg Petroleum
Brg Petroleum has successfully raised a total of $26.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in April 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Brg Petroleum
Brg Petroleum has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chessapeake.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Unconventional oil and gas exploration and production are conducted.
|
Locked | Locked | Locked |
Investor details for Brg Petroleum
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Investments & Acquisitions by Brg Petroleum
Investment portfolio details for Brg Petroleum
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Financial Statements - Brg Petroleum
Detailed financials for Brg Petroleum
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Brg Petroleum Comparisons
Peer comparison for Brg Petroleum
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Competitors of Brg Petroleum
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Latest news on Brg Petroleum
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Frequently Asked Questions about Brg Petroleum
Brg Petroleum was founded in 2004 and raised its 1st funding round 9 years after it was founded.
Brg Petroleum is headquartered in Tulsa, United States. It is registered at Tulsa, Oklahoma, United States.
Brg Petroleum is a funded company, having raised a total of $26.1M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Brg Petroleum is 73.
Brg Petroleum was founded in 2004 and is headquartered in Tulsa, United States. Focus is placed on the oil and gas sector, with producing properties acquired and low-risk developmental drilling undertaken in proven areas. Reserves from known deposits are developed through cost controls and competitive bidding on goods and services. Savings achieved are passed to partners.
Brg Petroleum offers Oil and Gas Acquisition and Developmental Drilling.
Brg Petroleum has 1 investor. Key investors include Chessapeake.