Pyramid Oil Co. (PDO) Reports Increased Revenue Even as Latest Horizontal Exploration Well Comes up Short
As unfortunate as the recent oil drilling events in the Gulf of Mexico are, there are benefits for some established oil and natural gas development companies. These companies often find their fortunes rising and falling with the price of oil and natural gas. An investor that can find an oil and gas company which can meet demand as prices flux in the face of current events is one that will profit nicely if played correctly. Pyramid Oil Company, an oil and natural gas exploration and development company, works to find and exploit crude oil resources in California, New York, Texas…