UNTCW OTC

Unit Corporation, identified by the symbol UNTCW, is an American energy enterprise specializing in the full scope of oil and natural gas operations within the United States, encompassing everything from discovery and acquisition to development and extraction. The company's operations are structured into three distinct business segments: 1. Oil and Natural Gas: This division focuses on the exploration, purchase, expansion, and production of crude oil and natural gas reserves. Its current producing properties, undeveloped land parcels, and related infrastructure are predominantly found in Oklahoma and Texas, with additional interests across Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Utah, and Wyoming. 2. Contract Drilling: This segment offers onshore drilling services for oil and natural gas wells to a variety of other energy firms. Its primary areas of operation are Oklahoma, Texas, New Mexico, Wyoming, and North Dakota, supported by a fleet of 21 active drilling rigs. 3. Mid-Stream: This segment is responsible for the trading, collection, processing, and refinement of natural gas for third-party clients. It manages an extensive network of assets including three gas treatment facilities, twelve processing plants, eighteen gathering systems, and roughly 3,822 miles of pipeline, situated across Oklahoma, Texas, Kansas, Pennsylvania, and West Virginia. Unit Corporation was founded in 1963 and maintains its corporate headquarters in Tulsa, Oklahoma.