Our History

Over the past 22 years, Citation has pursued a focused strategy of consistent, profitable growth in oil and natural gas production through a proven process of quality acquisitions and low-risk development. During that period of time, Citation has invested more than $1 billion in over 40 major oil and gas reserve acquisitions. As a result of these acquisitions, and subsequent development, Citation now owns approximately 180 million barrels of net proved oil equivalent reserves and has current net production of approximately 24 thousand barrels of oil and 40 million cubic feet of gas per day. Our reserves are 86% proved developed and have a reserve life index of more than 16 years. Critical to our ability to control future development and operating costs, Citation is the operator for over 90% of the value of the properties in which it owns an interest.