Pytheas Energy

Pytheas Energy

Early Stage

FORWARD THINKING INDUSTRY SOLUTIONS

FORWARD THINKING INDUSTRY SOLUTIONS

Overview

Raised to Date: Raised: $3,670,000

Total Commitments ($USD)

Platform

Equifund

Start Date

03/13/2024

Close Date

12/31/2024

Min. Goal
$19,999
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.61

Pre-Money Valuation

$23,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/17/2024

Days Remaining

257

% of Min. Goal

18,351%

% of Max. Goal

73%

Likelihood of Max
extremely
Avg. Daily Raise

$104,857

Momentum
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Year Founded

2024

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Location

Palm Beach, Florida

Pytheas Energy, with a valuation of $23 million, is raising funds on Equifund CFP. It is an upstream oil and gas producer in the State of Nevada. Pytheas Energy seeks to acquire, operate, and sell producing oil and gas assets in the Permian Basin and the Bakken. Currently, the company has non-operating interests in 19 wells in the Bakken Basin and a 2.5% non-operating interest in 113 wells in the Permian Basin. Josh Zuker and Geoff Brandt founded Pytheas Energy in February 2024. The current crowdfunding campaign has a minimum target of $19,999.46 and a maximum target of $4.99 million. The campaign proceeds will be used for lease acquisition costs, software development, drilling, completion, and production facilities, working capital, and general and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/13/2024
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Add to portfolio
Pytheas Energy on Equifund CFP 2024
Platform: Equifund
Security Type: Equity - Common
Valuation: $23,000,000
Price per Share: $0.61

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