About Ping Petroleum
Ping Petroleum is an Energy & Utilities company based in Kuala Lumpur (Malaysia) founded in 2012 by Paul Baltensperger, Roy Phillips, and Ning Zhang, and was acquired by DNeX in January 2021. Oil gas exploration and production company. Its chief executive, as recorded, is Ning Zhang. Its focus areas include Energy, Oil & Gas Upstream and Exploration and Production. Its legal entity is Ping Petroleum Plc.
Company details
Ping Petroleum is engaged in the oil gas exploration and production in the shallow water regions of Malaysia and the North Sea. Asset portfolio includes 100 interest in Ranger project of the UK; 50 interest in 2-blocks located in Outer Moray Firth area of North Sea; 50 interest in Avalon prospect; 50 interest in 3-projects 19.3 interest in 1-project located in Anasuria Cluster which is producing 11k BOE of oil per day; 50 interest in a 2214C block which consists of Palaeocene exploration prospects. Created a joint venture company, Anasuria Operating Company Limited in partnership with Hibiscus Petroleum for operating Anasuria cluster. Other partners are Azinor and Summit Exploration.
- Headquarters Kuala Lumpur, Malaysia
- Founders Paul Baltensperger, Roy Phillips, Ning Zhang
- Stage Acquired
- SectorsEnergy & Utilities
- Phoneβ’β’β’β’ β’β’β’β’
- Website pingpetroleum.com
- Social LinkedIn X Facebook
- Acquired by DNeX (Jan 2021)
- Legal Name Ping Petroleum Plc
Investors in Ping Petroleum
Ping Petroleum has secured backing from 1 investor. Prominent investors backing the company include DNeX.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology and energy exploration services are provided across multiple sectors. | 1970 | dnex.com.my | Kuala Lumpur, Malaysia |
Investor details for Ping Petroleum
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ping Petroleum
3 people are tracked at Ping Petroleum (3 in leadership).
| Name | Role | Group |
|---|---|---|
Paul Baltensperger | Co-Founder & COO | Leadership |
Roy Phillips | Co-Founder & Chairman | Leadership |
Ning Zhang | Co-Founder & CEO | Leadership |
Complete people profiles for Ping Petroleum
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Ping Petroleum
2 dated milestones of Ping Petroleum across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Ping Petroleum is founded.
- Exit Acquired by DNeX.
Web traffic of Ping Petroleum
The website of Ping Petroleum (pingpetroleum.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 37.4% vs previous month
Websites whose visitors overlap most with Ping Petroleum. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mdbc.com.my | mdbc.com.my | 100% | #5,544,394 | β |
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Frequently Asked Questions about Ping Petroleum
Ping Petroleum was founded in 2012.
Ping Petroleum is headquartered in Kuala Lumpur, Malaysia.
Ning Zhang is the CEO of Ping Petroleum, as recorded in our data. They have also founded this company.
Ping Petroleum is engaged in the oil gas exploration and production in the shallow water regions of Malaysia and the North Sea. Asset portfolio includes 100 interest in Ranger project of the UK; 50 interest in 2-blocks located in Outer Moray Firth area of North Sea; 50 interest in Avalon prospect; 50 interest in 3-projects 19.3 interest in 1-project located in Anasuria Cluster which is producing 11k BOE of oil per day; 50 interest in a 2214C block which consists of Palaeocene exploration prospects. Created a joint venture company, Anasuria Operating Company Limited in partnership with Hibiscus Petroleum for operating Anasuria cluster. Other partners are Azinor and Summit Exploration.
Ping Petroleum has 1 investor. Key investors include DNeX.
Ping Petroleum operates through Ping Petroleum Plc.
Yes. Ping Petroleum was acquired by DNeX in January 2021.
