P3 Petroleum, LLC ("P3 Petroleum") is an established oil and gas operator focused on oil and liquid-rich natural gas opportunities in the lower 48 states.
P3 Petroleum focuses on value creation through utilizing horizontal, multi-stage completion technology, supplemented by strategic acquisitions. Our purpose is to create long-term shareholder value through acquiring the right assets, developing these assets to full potential and marketing our natural resources.
We are competitively distinct and time tested in delivery of 4x-6x returns driven 2/3rds by our experienced exploitation & operational value growth and 1/3 by commodity price improvement at exit.
We are completely self-funded, demonstrating our commitment, confidence and capability. We hold no debt and are dedicated to the simple concept of taking advantage of this 5th major down cycle in commodities, pursuing distressed company assets at bargain transaction prices through the leverage of our competitive advantages.
P3 Petroleum always puts safety first and makes people a priority. We embrace openness, trust, teamwork, diversity and relationships that are mutually beneficial. Our ability to grow our organization safely and in an environmentally responsible way is core to our business. Sustainability is part of P3's business model and is integrated in all company processes including planning, reporting, risk management, implementation and communication with internal and external stakeholders.