In 2018, IPS Energy Resources (IPS ER) was founded as a fully owned subsidiary of IPS International, as a means of diversifying within the Petroleum Industry. IPS ER is an independent oil and gas company focusing on exploration and production opportunities in the United States. This includes investments in new drills, as well as re-completions, re-entries, and chemical stimulation of existing wellbores. IPS ER is also involved in introducing new Enhanced Oil Recovery technologies to the American market.
IPS Energy Resources mission is to develop into a leading exploration and production company through continued engineering ingenuity, the utilization of innovative technologies, and a diligent work ethic. IPS ER remains committed to the pursuit of corporate responsibility, including attention to health and safety, the environment, and strengthening our communities.
IPS Energy Resources values our Partners, and believes in pursuing sustainable business practices. IPS ER believes in investing in its people and growing with them to advance our continued development and mutual success.