What is Texakoma?
Established in 1982 and based in the Dallas area, Texakoma Group is an integrated oil and gas company engaged in exploration, operation, development, and production. The company leverages a seasoned team of engineers, geologists, and landmen to identify and exploit hydrocarbon resources across various U.S. basins, including the SCOOP & STACK and Williston Basins. Texakoma has a notable legacy as a significant coal bed methane gas producer and continues to offer reliable exploration and production services to industry partners.
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
What's next for Texakoma?
The recent major strategic investment, alongside the substantial overall capital raised, positions Texakoma for continued growth and operational expansion. This infusion of capital is likely to support further exploration efforts, enhance production capabilities, and potentially facilitate strategic acquisitions or partnerships within the dynamic oil and gas market. The company's focus on experienced personnel and diverse basin operations suggests a strategy aimed at maximizing resource recovery and maintaining a competitive edge in the energy sector.
See full Texakoma company page
