Newsroom of

Pilgrim Petroleum Corporation

United States

Pilgrim Petroleum Corporation is an oil and gas exploration and development (E&D) company formed to acquire, develop, and operate oil and gas properties with proven reserves. The Company's strategy is to focus in domestic areas where major oil and gas producing companies have reduced their exploration efforts to move offshore and overseas in search of larger reserves. Considerable oil and gas in proven fields remains to be exploited by well managed independent oil companies capable of extracting these reserves at lower risk and lower cost than unproved prospects. In addition, Pilgrim Petroleum provides oil and gas services to 3rd party clients and partners in the areas of Consulting, Development, Aviation, and Enhanced Oil Recovery.

Pilgrim Petroleum Corporation Announce Progress Update and Forecast Operations Q2 2017

Pilgrim Petroleum Corporation (PGPM), an oil and gas exploration development (E&D) company focus in proven fields exploited by well managed independent oil companies extracting reserves at lower risk and lower cost than unproven prospects.The company is pleased to announce today…

Pilgrim Petroleum Corporation approves Stock Repurchase and Retirement Program

Pilgrim Petroleum Corporation (PGPM), an oil and gas exploration development (E&D) company focus in proven fields exploited by well managed independent oil companies extracting reserves at lower risk and lower cost than unproved prospects. Our parent is Pilgrim Petroleum PLC,…

Pilgrim Petroleum Corporation Receives a Commitment of $3.0 Million Working Capital

Pilgrim Petroleum Corporation (PGPM), an oil and gas exploration development (E&D) company focus in proven fields exploited by well managed independent oil companies extracting reserves at lower risk and lower cost than unproved prospects. Our parent is Pilgrim Petroleum PLC,…

Pilgrim Petroleum Corporation Issue Letter to Shareholders

Pilgrim Petroleum Corporation(PGPM), is an oil and gas exploration- development (E&D) company focus in proven fields exploited by well managed independent oil companies extracting reserves at lower risk and lower cost than unproved prospects. Our parent is Pilgrim Petroleum PLC,…

Pilgrim Petroleum Corporation Announces Plans to file Disclosures on OTC Markets

Pilgrim Petroleum Corporation (PGPM), an independent oil and gas company and parent of Pilgrim Petroleum PLC, is pleased to announce that the company will be filing initial Information Disclosure as Q1 2017 operations and proceed with reorganization plans including filing…

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