Investor Relations
Stock Ticker: TRLMWe’re on a mission to save America’s independent oil and gas industry.
We are restarting abandoned wells, rebuilding shattered communities, and creating new value, security, and stability for this once and future heartland industry of America.
We have already acquired a portfolio of proven, previously tapped reserves, implemented programs to restore wells and create value and started generating revenues from oil and gas production.
Restoring Production
We are acquiring, retooling, restarting, and recompleting proven wells to build a portfolio of wellbores that produce consistent and predictable revenue.
Boosting Productivity
We significantly increase the value of reserves through forced pooling and recompletion programs, increasing production at a low cost.
Delivering on Promises
We understand that trust is earned. We are committed to making good on our promises to restore, revitalize, and create new value and stability.
Operations Overview
As a business we manage for the bottom line. With a low-cost structure, we operate an ultra-lean business model. We manage our risk by restarting wells with proven reserves, avoiding costly exploration. In March 2022, Truleum acquired our initial portfolio of 34 wellbores and associated surface equipment in Logan and Lincoln Counties, Oklahoma.
Experienced Management Team
We are a team of seasoned oil and gas professionals and asset managers with access to capital and world class geopolitical expertise, committed to rebuilding and protecting our national’s independent oil and gas industry.
Proven Business Strategy
We significantly increase the value of reserves through field development and recompletion programs. We understand that trust is earned. We are committed to making good on our promises to restore, revitalize, and create new value and stability.
Our Strengths
We understand that trust is earned. We are committed to making good on our promises to restore, revitalize, and create new value and stability. Our team has a proven track record of success.
Proven Strategy
Identifying distressed, abandoned, or underutilized oil and gas wells and acquiring them at a discounted rate.
Experienced Team
Our team has extensive experience in identifying and acquiring these types of well bores and leases.
Quality Assets
By replicating this strategy, we believe we can create significant value for our shareholders and contribute to industry growth.
Opportunity
Based on our market cap and plan to achieve market-defined criteria for valuation multipliers, we are poised for growth.
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