PrimeEnergy Corporation was founded in 1973 and is based in Stamford, Connecticut. PrimeEnergy Corporation engages in the acquisition, exploration, development, and production of crude oil and natural gas. PrimeEnergy Corporation owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties in Colorado, Kansas, Louisiana, Mississippi, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, Texas, Utah, West Virginia, Wyoming, and the Gulf of Mexico. PrimeEnergy Corporation activities include development and exploratory drilling, as well as the acquisition of producing oil and gas properties through joint ventures with industry partners. PrimeEnergy Corporation also provides well servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations. As of December 31, 2008, PrimeEnergy Corporation had proved reserves of 87 bcfe of gas; operated 1,645 oil and gas wells; and owned non-operating interests in approximately 823 additional wells.