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Penn West Energy Trust was founded in 1979 and is headquartered in Calgary, Canada. Penn West Energy Trust (formerly Penn West Petroleum) has been pumping gas and oil from Western Canada in hopes of keeping black ink flowing from its auditor's pen. The independent exploration and production company has holdings of 3.2 million net acres of undeveloped land in Alberta, Saskatchewan, and British Columbia. In 2007 Penn West Energy Trust reported net proved and probable reserves of 644.2 million barrels of oil equivalent. Shareholders converted Penn West Energy Trust into a trust in 2005, making it one of Canada's largest oil and gas income trusts. It combined general partners Penn West, Northern Reef, Trocana, and Penn West Exploration.

Petrel Resources is incorporated in Ireland. Petrel Resources plc had signed a working agreement to explore Block 6 in Iraq's Western Desert during the reign of Saddam Hussein. Following the fall of Saddam, Petrel Resources has been seeking an agreement to develop three existing oil fields in Southern Iraq, while Petrel Resources plc renegotiates its Western Desert arrangements with the Iraqi government. Petrel Resources plc secured the first and largest contract awarded since 2003 by the Iraqi Ministry of Oil. Its core interest since 1999 has been the Subbha & Luhais project. Petrel Resources plc also has exploration interests in Jordan and Syria. Petrel Resources was founded in 1982 as Kish Developments.

Petro Andina Resources is an oil and gas exploration, development, and production company which focuses its operations in South America Petro Andina Resources Inc. main operations are located on 628,000 acres of land found in the Neuquen Basin in Argentina. Petro Andina averages more than 11,000 barrels of oil per day and boasts that it is one of the largest producers of crude oil in Argentina. In addition, through a partnership with Voyager Energy Ltd., Petro Andina Resources Inc. held a 50/50 exploration interest in two properties located in the Caribbean island country of Trinidad and Tobago. In 2009 Argentina-based rival PlusPetrol Resources acquired Petro Andina Resources.

The hunt for petroleum drives the Hunt family, which traces its oil interests back to legendary wildcatter H.L. Hunt. Petro-Hunt, L.L.C. controls Petro-Hunt, L.L.C. and Petro-Hunt International, L.L.C. (together known as the Petro-Hunt Group, one of the world's largest privately held independent energy concerns). Petro-Hunt, L.L.C. focuses on oil and gas exploration and production in the US. Petro-Hunt's other activities include gas processing, pipeline transportation and refining. Petro-Hunt, L.L.C. also controls Placid Refining Company, which operates a state-of-the-art 50,000 barrels-of-oil-per-day refinery in Louisiana. The Petro-Hunt Group, through the years, has also created separate stand alone companies in various sectors of the energy industry, some that have become the foundation for and/or substantial portions of other publicly traded companies.

PetroBakken Energy is developing its holdings in the Bakken oil shale play in southeast Saskatchewan. Formerly an oil and gas explorer and producer in Alberta and Saskatchewan, in 2009 PetroBakken Energy Ltd. (as TriStar Oil and gas) combined with the Canadian business unit of Petrobank Energy and Resources to form PetroBakken Energy, solely focused on the Bakken Shale play. PetroBakken Energy has estimated proved plus probable reserves of 127 million barrels of oil equivalent, and produces about 37,000 barrels per day. Petrobank Energy controls about two-thirds of the company. In 2010 PetroBakken Energy agreed to buy Canadian junior oil and gas firms Berens Energy for $319 million and Result Energy for $480 million.

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