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PetroGas PTCO · USD

N/A · US listing · 🇺🇸 United States

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0.00

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Close of 3 Nov 2026, in USD

About PetroGas

From its filings with the US Securities and Exchange Commission

SEC filings

PetroGas is based in Houston, Texas and is incorporated in Nevada. Its shares trade on OTC under the ticker PTCO. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 31 March 2022, it reported revenue of $0.

In its own words

We were incorporated under the name Alazzio Entertainment Corp. on January 24, 2014, under the laws of the State of Nevada. Our original business plan was to operate photo booth rentals.

On April 3, 2015, a change in control occurred by virtue of our company’s largest shareholder, Dmitri Kapsumun selling 900,000 shares (split adjusted) of our common stock to Rise Fast Limited, a Hong Kong corporation. Such shares represented 71.77% of our total issued and outstanding shares of common stock. As part of the sale of the shares, Rise Fast Limited arranged with the resigning member of our company’s Board of Directors, to appoint Mr. Huang Yu as the sole officer and director of our company.

On April 16, 2015, we filed a Certificate of Amendment with the Nevada Secretary of State (the “Nevada SOS”) whereby we amended our Articles of Incorporation by increasing our authorized number of shares of common stock from 75 million to 300 million (not adjusted for the one (1) for one hundred (100) stock split) and increasing all of our issued and outstanding shares of common stock at a ratio of fifteen (15) shares for every one (1) share held. Our Board of Directors approved this amendment on April 15, 2015 and shareholders holding 71.77% of our issued and outstanding shares approved this amendment via a written consent executed on April 16, 2015.

Quoted from its 10-K, filed 30 Jun 2025. Read the filing on SEC.gov ↗

Company facts

Sector
N/A
Industry
N/A
Listed since
5 Dec 2014
Head office
2800 POST OAK BOULEVARD, HOUSTON, TX, 77056
Incorporated in
NV
Classification
Crude Petroleum & Natural Gas
Filer status
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Huang YuPresident, Treasurer, Secretary, Director$140.0m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • PetroGas Co. has overriding royalty interests in Ellis County, Oklahoma, and Hemphill County, Texas.
  • PetroGas Co. holds wellbore interests in Madison and Shelby Counties, Texas, with established infrastructure.
  • PetroGas Co. operates Burns and Rogers Leases near Eagle Ford Shale play with seven oil wells.

Weaknesses

  • PetroGas Co. relies on Ellis County, Oklahoma, for overriding royalty interest with limited diversification.
  • PetroGas Co. has wellbore interests only in Texas counties, lacking geographic spread.
  • PetroGas Co. depends on Burns and Rogers Leases for exploration with seven oil wells, a small scale.

Opportunities

  • PetroGas Co. seeks to acquire producing and non-producing leases to expand operations.
  • PetroGas Co. can leverage proximity to San Antonio for vendor services and rig crews.
  • PetroGas Co. may develop Emergy County, Utah, lease purchase for future production.

Threats

  • PetroGas Co. faces limited access to rig crews outside San Antonio area.
  • PetroGas Co. has no properties in major shale plays beyond Eagle Ford Shale.
  • PetroGas Co. depends on Burns and Rogers Leases with seven oil wells, vulnerable to production issues.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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