What is Texakoma?
Established in 1982, Texakoma Group is a Dallas-based entity deeply involved in the exploration, operation, development, and production of oil and gas fields across multiple states. The company prides itself on its experienced team of engineers, geologists, and landmen, who drive its exploration and development initiatives. Texakoma has a notable history as a leading coal bed methane gas producer and continues to actively operate in key basins, including the SCOOP & STACK and Williston Basins. Their services are geared towards partners within the oil and gas industry seeking dependable exploration and production solutions.
How much funding has Texakoma raised?
Texakoma has raised a total of $5.3M across 7 funding rounds:
Multiple Rounds
$2.3M
Unspecified
$950K
Unspecified
$855K
Unspecified
$850K
Debt
$350K
Unspecified (2013): $756K, investors not publicly disclosed
Unspecified (2013): $939K, investors not publicly disclosed
Unspecified (2013): $570K, investors not publicly disclosed
Unspecified (2014): $950K, investors not publicly disclosed
Unspecified (2015): $855K, investors not publicly disclosed
Unspecified (2016): $850K, investors not publicly disclosed
Debt (2020): $350K led by PPP
Key Investors in Texakoma
PPP
Public-Private Partnership
What's next for Texakoma?
With the recent injection of $350K in strategic capital, Texakoma is poised to further enhance its operational footprint and potentially expand its exploration activities. The company's long-standing presence and focus on experienced personnel suggest a strategic approach to growth, likely involving the optimization of existing assets and the pursuit of new development opportunities in established and emerging basins. This significant backing indicates a commitment to sustaining and growing its production capacity, reinforcing its role as a reliable partner in the energy sector.
See full Texakoma company page