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Petrichor Energy Inc. (V:PTP)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: Suite 303, 303-595 Howe Street
P.O. Box 4
VANCOUVER BC V6C 2T5
Tel: N/A
Website: www.petrichorenergy.com
IR: See website
Key People
Joe Devries
President, Chief Executive Officer, Director
Richard Barnett
Chief Financial Officer, Secretary, Director
 
Business Overview
Petrichor Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on acquiring, exploring and developing new oil and natural gas reserves in North and South America. Its property consists of Marble Falls Property. The Marble Falls Property covers approximately 11,695 acres of oil-rich Pennsylvanian Limestone, located in the Forth Worth Basin, North Texas in various counties, namely Young, Jack, Archer and Clay Counties. The Company has acquired a 66.67% working interest in Marble Falls Property. Its additional formation targets include the Atoka Conglomerates, the Caddo Limestone and the Mississippi Limestone (Chester Lime and Chappel Lime).
Financial Overview
For the fiscal year ended 31 December 2023, Petrichor Energy Inc revenues was not reported. Net loss decreased 16% to C$612K. Lower net loss reflects Foreign exchange loss (gain) decrease from C$72K (expense) to C$28K (income), G/L on Invest. HFS, Maturity & Trading remaining flat at C$0K. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $12.54M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.11M as of Dec 31, 2023
Net annual income (TTM): -$0.61M as of Dec 31, 2023
Free cash flow (TTM): -$0.02M as of Dec 31, 2023
Net Debt Last Fiscal Year: $12.37M as of Dec 31, 2023
Shares outstanding: 35,288,809 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization