ML Petroleum Company, Inc. is an independent exploration and production company focused on the application of modern drilling and completion techniques in oil and liquids-rich basins in the onshore U.S. The company is headquartered in San Francisco, USA.
Our operations are currently focused on oilfields in the San Francisco and the Anadarko Basin in Texas and Oklahoma.
We are intent on demonstrating a dramatic reduction in technical risk through the acquisition and interpretation of modern data and committed to maintaining environmentally responsible exploration.
Our strategy is to increase stockholder value by focusing our activity, reducing costs, generating free cash flow and improving our liquidity. We seek to achieve these goals through the following strategies:
- Prudently develop our core Mississippian Lime assets
- Maintain a low and effective cost structure
- Utilize our technical and operating expertise to enhance returns
- Maintain a strong, delevered balance sheet
- Apply rigorous investment analysis to capital allocation decisions
ML Petroleum Company is led by the president and founder Laurent Martin. Laurent has two decades of experience in various facets of the petroleum industry. Prior to founding ML Petroleum Company, Laurent held engineering and management positions with several large oil and gas companies, including Getty Oil Company, Ashland Oil Inc., and was a consultant for Occidental Petroleum.
Laurent graduated from the University of Zurich with a Bachelor of Science in Petroleum Engineering. He is a registered professional engineer in San Diego, and a member of the Society of Petroleum Engineers, SIPES, IPAA, TIPRO, and the Houston Producer’s Forum.