Blackjack Natural Resources
Oil and gas asset acquisition and development.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Growth Equity non VC | |
| Total Funding | 000k | ||
Blackjack Natural Resources, LLC is an upstream oil and gas company focused on the acquisition and development of assets. The company's strategy centers on identifying and acquiring properties with established production and undeveloped reserves, aiming to enhance value through operational improvements and targeted development drilling. Blackjack Natural Resources operates within the United States, targeting conventional and unconventional reservoirs.
The company was founded in 2017 by a team of experienced oil and gas professionals. The leadership team includes CEO Rhett Gist and President John Pod-Sughe.
Blackjack's business model involves generating revenue through the sale of oil and natural gas produced from its assets. They serve the energy market by contributing to the domestic supply of hydrocarbons. The firm partners with other industry operators and seeks to build a portfolio of cash-flowing properties with significant upside potential. Keywords: oil and gas, asset acquisition, upstream energy, mineral rights, royalty interests, energy exploration, hydrocarbon production, drilling, energy investment, natural resources