Ping Petroleum

Kuala Lumpur, Malaysia Founded: 2012 • Age: 14 yrs Acquired By DNeX
Oil gas exploration and production company

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
  • Sectors
    Energy & Utilities
  • Phone
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  • Website pingpetroleum.com
  • Social LinkedIn X Facebook
  • Acquired by DNeX (Jan 2021)
  • Legal Name Ping Petroleum Plc
Key Metrics

Investors in Ping Petroleum

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

All
InvestorDescriptionFounded YearDomainLocation
Technology and energy exploration services are provided across multiple sectors.
1970dnex.com.myKuala Lumpur, Malaysia
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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).

NameRoleGroup
Paul Baltensperger
Co-Founder & COOLeadership
Roy Phillips
Co-Founder & ChairmanLeadership
Ning Zhang
Co-Founder & CEOLeadership
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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.

  1. Founded Ping Petroleum is founded.
  2. Exit Acquired by DNeX.

Web traffic of Ping Petroleum

The website of Ping Petroleum (pingpetroleum.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 37.4% vs previous month

Similar websites

Websites whose visitors overlap most with Ping Petroleum. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mdbc.com.my
mdbc.com.my
100%
#5,544,394–
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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.

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