What is Durango Services?
Durango Services Inc. operates within the Oil & Gas Exploration & Services sector. Headquartered in Woodward, Oklahoma, the company employs between 20 to 49 individuals and generates revenue in the range of $10 million to $25 million. Its operations are focused on the exploration and provision of services within the oil and gas industry, positioning it as a key player in its regional market.
How much funding has Durango Services raised?
Durango Services has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$666K
Debt (2020): $350K with participation from PPP
Debt (2021): $666K led by PPP
Key Investors in Durango Services
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Durango Services?
The recent major strategic investment indicates Durango Services is likely in a growth or scaling phase, potentially utilizing this capital infusion to expand its operational footprint, enhance its service offerings, or invest in new exploration technologies. The enterprise-level funding suggests a strong confidence from investors in the company's long-term viability and market potential within the dynamic oil and gas sector.
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