OIL CITY PETROLEUM INC

OIL CITY PETROLEUM INC

OIL CITY PETROLEUM INC is a small-cap exploration and production operator focused on the upstream exploitation of crude petroleum and natural gas reserves in the Gulf Coast region, tracing its lineage to the SIC 2911 universe of companies that pair wildcat drilling with midstream partnerships; the company’s core services revolve around drilling, completing, and managing strategically located wells plus providing leasehold asset management to energy funds and independent refiners that rely on steady feedstock volumes, while ancillary offerings include reservoir characterization and production optimization support. Target customers are privately held refiners, regional pipeline operators, and commodity trading desks seeking nimble, high-ROI acreage commitments outside the big integrated majors. Material risks stem from volatile petroleum pricing, environmental permitting delays, and OSHA/BOEM compliance requirements tied to both offshore and onshore wells, making regulatory oversight and capital access perpetual challenges; the latest disclosure is Form 10-Q filed Apr 1999, underscoring the company’s need for timely reporting as it navigates legacy filings. CIK 277952; view live SEC filings on Earnings Feed.