Verado Energy is proud of its heritage. It began as a low profile oil and gas exploration company and today continues to be a top producer of natural gas while continuing to acquire and explore for additional production.
October 23, 1947
The company was formed for the purpose of oil and gas exploration and production.
August 12, 1970
Company drilled first well within the Hosston/Cotton Valley formation in the South West Tatum Field, Rusk County, Texas.
March 7, 1974
Company along with Darling-Delaware drilled its first well in the West Gilmer Field, later known as the Rosewood Field in Upshur County, Texas.
March 6, 1978
Company began drilling 9 gas units in Harrison and Rusk Counties, Texas.
Company built a pipeline to gather and transport gas in Rosewood Field.
Verado Energy ranked in the top 100 producers in the United States.
August 9, 2009
Company participates in its first Haynesville horizontal well.
Company began acquiring first acreage in West Texas.
Company became operator for properties acquired in the Hermleigh East field in West Texas.
Company began drilling horizontal wells in the Cotton Valley formation in East Texas.
Company began drilling horizontal wells in the Hermleigh East field in West Texas.