Citrus Energy

Founded in 1989, the company has grown through property acquisitions and drilling programs in a number of states. Owners Lance Peterson and David Oberbrockling are personally involved in the day-to-day operations of the company ensuring that the most advanced technology is used to drill and complete its shale projects. This strategy has rewarded its leaseholders with the shortest possible time period between inception of a lease and a steady stream of revenue from a successful well. Recently, the company has focused on pursuing and drilling acreage acquired in unconventional shale resource projects like the Barnett Shale in North Texas and the Marcellus Shale in Pennsylvania. The company is headquarted in Castle Rock, Colorado with a regional office in Frisco, Texas. Current activity at the Marcellus Shale will lead to another office in Pennsylvania.