POTOMAC ENERGY CORP

POTOMAC ENERGY CORP

Potomac Energy Corp., operating within the drilling oil & gas wells SIC framework, delivers turnkey well development and maintenance services tailored for independents and regional integrated producers chasing domestic hydrocarbons; its crews, rig fleets, and completion specialists ensure rapid response to exploration and field expansion needs while emphasizing environmental, safety, and regulatory compliance to protect assets and communities. The company’s revenue model hinges on long-term contracts with operators that expect both transparent cost controls and technical agility, while its materials handling, directional drilling, well servicing, and plugging crews remain the core services that sustain field productivity. Potomac faces material risks from oil price swings, permitting delays, and evolving environmental and workplace regulation, particularly given the SEC and state-level scrutiny of drilling permits and disclosures—factors underscored in its latest SEC filing, the October 1999 Form 10-Q—and must maintain capital discipline to fund rig upgrades and retain skilled crews in a tight labor market. Explore live SEC filings on Earnings Feed to stay informed.