Our Company

Chaparral Energy is an independent oil and gas producer and operator with headquarters in Oklahoma City, Oklahoma and field offices throughout the South Central United States. Chaparral has experienced steady growth since beginning its operations in 1988. Although predominately a Mid Continent and Permian Basin producer, Chaparral has operations extending from off-shore gulf coast in south Texas, east to Mississippi, west to Utah and north to North Dakota. In the beginning, the company primarily targeted acquisition opportunities operated in environments that had been abandoned by other producers. The company has become known for its expertise and specialization in well rejuvenation.

Over the last few years, Chaparral has transitioned from mostly an acquisition company into an active drilling company, and in 2004 began acquiring license rights to existing 3D seismic to evaluate additional drilling opportunities. Chaparral is also known for its expertise in enhanced oil recovery and has a large inventory of carbon dioxide (CO2) tertiary recovery projects in the Mid-Continent and Permian Basin. We have budgeted increased capital expenditures for these projects going forward. To support the enhanced oil recovery program, the company owns interests in 389 miles of Co2 pipelines and through its growing infrastructure, we hope to eventually dominate this market in Oklahoma. In 2005, we entered into a joint venture, Oklahoma Ethanol LLC, to construct and operate the first ethanol production plant in Oklahoma. Chaparral plans to sustain its growth through a balanced program of acquisitions, exploitation, development and exploration.

Chaparral’s President and founder, Mr. Fischer, believes the industry climate is very favorable for the continued growth of the company and he is looking forward to the many opportunities that will be presented over the next several years.