Today the Ministry of Trade and Industry of the United States of Baltusia announced the establishment of Puerto Vallejo Oil Co., an oil company currently active in the State of Santiago.
Puerto Vallejo Oil Co. is currently the biggest offshore oil production company in Baltusia. Around 40% of the country's oil and gas are currently being extracted by this company. Puerto Vallejo Oil Co. is currently 70% owned by the government and 30% owned by the private sector.
“The biggest target of Puerto Vallejo Co. is to operate internationally. Our company is the biggest oil production company in Baltusia, with an annual revenue of 2.1 billion BLD. At the moment, our company is doing great as we operate in a highly competitive market, but we want to expand and export to other countries too,” stated the CEO of Puerto Vallejo Oil Co, Harper Anderson.
General Information
Type: Joint-venture Company
Industry: Oil Extraction and Exploration
Founded: 5357
Headquarters: 201 Mean St., Puerto Vallejo, Santiago, Baltusia
CEO: Harper Anderson
Revenue: 2.1bn BLD
Net Income: 100M BLD
Employees: 2.100
https://particracy.fandom.com/wiki/Puerto_Vallejo_Oil_Co
OOC: Credits to the Movement of Freedom for writing this article.