Vitesse Oil, LLC Employee Directory
Oil & EnergyColorado, United States11-50 Employees
Vitesse Oil, LLC operates as a non-operating owner in the Bakken shale play, acquiring and developing leasehold properties and converting undeveloped drilling locations into cash-flow producing assets by partnering with established operators. The company concentrates its activities on over 45,000 net acres in the core Bakken region, with most value embedded in undeveloped drilling locations in Mountrail, Williams and McKenzie Counties of North Dakota. Its business model centers on leveraging a sizeable balance sheet to collaborate with leading operators on acquisitions that include significant non-operated assets, while also providing liquidity and capital solutions for other non-operated working interests. Based in Centennial, Colorado, and founded in 2013, Vitesse Oil is backed by Jefferies Capital and operates within the oil and gas industry, positioning itself as a facilitator of capital-efficient participation in non-operated Bakken activities. A notable development in its history includes the 2018 acquisition of 23,000 net acres in North Dakota for $190 million, reflecting ongoing expansion in its core asset base.