Ultra Petroleum Corp., traded on OTCMKTS under the symbol UPLCQ, is an independent energy company specializing in the exploration, development and production of natural gas properties in the United States. Headquartered in Houston, Texas, the company employs advanced drilling and reservoir management technologies to optimize recovery from its core asset base. Its operations are supported by integrated in-house teams overseeing geological analysis, engineering design and field execution.
The company’s primary asset holdings are located in Wyoming’s Pinedale Anticline and the adjacent Green River basins, where it has established substantial acreage alongside gathering and processing infrastructure. By applying horizontal drilling and multi-stage hydraulic fracturing techniques, Ultra Petroleum targets tight-gas formations, aiming to maximize production efficiency and operational margins. Produced gas is marketed through a diversified customer network that includes utilities, midstream processors and third-party marketers across the Rocky Mountain region.
Founded in 1998, Ultra Petroleum completed its initial public offering in the mid-2000s and has since pursued a disciplined capital allocation approach focused on high-return drilling opportunities and cost management. Throughout its history, the company has emphasized organic reserve development and technical innovation, leveraging data-driven reservoir evaluation and drilling optimization to sustain long-term growth and operational resilience amid commodity price fluctuations.
Under the guidance of an experienced leadership team based at its Houston headquarters, Ultra Petroleum directs drilling, completion and midstream activities with an emphasis on safety, environmental stewardship and community engagement. The company continues to explore ways to enhance operational performance and resource recovery through technological advancements and best-practice sharing across its asset portfolio.
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