Data as of Sep 18
| -0.09 / -1.73%|
Oil & Gas Production
Pyramid Oil Company. The Company's principal activities are exploring, developing and producing crude oil and natural gas. The Company acquires interests in land through acquisition and lease, drills and operates crude oil or natural gas wells in efforts to discover and/or to produce oil and gas. The Company also participates in specific joint ventures with others in the development of oil and gas properties. Extracted crude oil and natural gas are sold to refineries and pipeline companies. The Company operates 27 oil and gas leases in Kern and Santa Barbara counties in California. Production activities primarily consist of the daily pumping of oil from a well(s) into tanks, maintaining the production facilities both at the well and tank settings, preparing and shipping the crude oil to buyers.
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