Ping Petroleum

Kuala Lumpur, Malaysia Founded: 2012 • Age: 14 yrs Acquired By DNeX
Oil gas exploration and production company
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Ping Petroleum

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.

  • Headquarter Kuala Lumpur, Malaysia
  • Founders Paul Baltensperger, Roy Phillips, Ning Zhang
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ping Petroleum Plc
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    DNeX

    (Jan 22, 2021)

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Funding Insights of Ping Petroleum

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Detailed funding history for Ping Petroleum

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Investors in Ping Petroleum

Ping Petroleum has secured backing from 1 investor. Prominent investors backing the company include DNeX.

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Investor Description Founded Year Domain Location
Technology and energy exploration services are provided across multiple sectors.
Locked Locked Locked
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Investor details for Ping Petroleum

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Investments & Acquisitions by Ping Petroleum

Investments
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Investment portfolio details for Ping Petroleum

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Financial Statements - Ping Petroleum

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Ping Petroleum Comparisons

Ping Petroleum Primary company
Description
Oil & gas exploration and production company
Location
Kuala Lumpur, Malaysia
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ping Petroleum

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Competitors of Ping Petroleum

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Detailed competitors of Ping Petroleum

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Latest news on Ping Petroleum

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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 current CEO of Ping Petroleum. 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.

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