Pennpetro Energy Plc is an independent oil and gas company incorporated in England and Wales with its focus and areas of initial operation in North America, more specifically within the City of Gonzales, Gonzales County, State of Texas. The Company has been established as an oil & gas operator with an initial key asset currently at an early stage of development, and which may make complementary acquisitions of target companies, assets or businesses in the North American upstream petroleum sector – characterised by the process of acquiring proven undeveloped oil reserves and their extraction.