chad laxson
San Antonio, TX (USA)
Role(s):
Other
vadum oil llc.
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Startup
Location:
San Antonio
Industry:
Energy
Year Founded:
2012
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Vadum Oil is a small oil and gas company based in Texas. We have leasehold and operations in East Texas and in South Texas. Currently we are re-entering seven wells in one of our East Texas fields. Our focus is to follow our AFE and drilling programs as close as possible. In the past we have relied on private loans as our funding source. At this stage in our business we are looking to raise capital by selling working interest and net revenue interest in several prospects.