Unit Petroleum Company, a wholly-owned subsidiary of Unit Corporation, has been operating and owning wells in the Mid-Continent areas since its establishment in 1979. With a focus on optimizing production from existing wells and strategically developing its assets, Unit Petroleum aims to create value through free cash flow. The company operates wells in three key areas of Oklahoma and Texas, with a diverse mix of oil and natural gas, leveraging its expertise to capitalize on acquisition opportunities and enhance shareholder returns.
Unit Petroleum Company's activities are primarily located in the Anadarko Basin in western Oklahoma, Texas panhandle, southeast Colorado, and southwest Kansas. This basin, spanning approximately 70,000 square miles, boasts a rich production history, developed infrastructure, and untapped hydrocarbon potential in multiple formations. Additionally, the company operates in the Granite Wash, a prolific producer of liquids-rich natural gas, situated in the panhandle of Texas and western Oklahoma. With a dedicated management team and a commitment to excellence, Unit Petroleum Company strives to deliver efficient and safe operations while contributing to the communities it serves.
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