CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Hydrocarb Energy Corp. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Hydrocarb Energy Corp.
800 Gessner Road
Suite 375
Phone: (281) 408-4880p:281 408-4880 Houston, TX  77024-4608  United States Ticker: SGCADSGCAD

Filed for Bankruptcy on 4/13/2016
Case #16-31922, filed in the U.S. Bankruptcy Court for the Southern District of Texas (Houston)
On 5/11/2016, the voluntary petition for the Company for reorganization under Chapter 11 was converted to Chapter 7
This company is no longer actively traded on any major stock exchange.

Business Summary
Hydrocarb Energy Corp., formerly Duma Energy Corp., is a natural resource exploration and production company. The Company is engaged in the exploration, acquisition, development, and production of oil and gas properties in the United States and onshore in Namibia, Africa. The Company, through the acquisition of Namibia Exploration Inc., holds interest in a concession located onshore in Namibia, Africa. Through its subsidiaries, Namibia Exploration, Inc. (NEI) and Hydrocarb Namibia Energy (Pty) Limited (Hydrocarb Namibia), holds interest in an onshore petroleum concession, which is located in the Republic of Namibia, measuring approximately 5.3 million acres. The Company holds interests in the concession in partnership with the National Petroleum Corporation of Namibia Ltd. The Company's Owambo Basin Petroleum License covers a 21,200 square kilometer concession comprising blocks 1714B, 1715, 1814B and 1815.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
1/31/20167/31/2015YesYesYes--

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer, Interim Principal Financial Officer. Kent P.Watts 56 12/15/2015 10/11/2013
Chief Financial Officer Kwongyip AndrewLai 52 1/4/2016 1/4/2016
Director Robert M.Harrell 62 11/23/2015 11/23/2015
Independent Director S. ChrisHerndon 54 10/11/2012 10/11/2012

Subsidiaries
Business Name Address City State/Province Country
Galveston Bay Energy, LLC 800 Gessner Road Houston TX United States

Business Names
Business Name
Galveston Bay Energy, LLC
HECC
HECCQ
11 additional Business Names available in full report.

General Information
Number of Employees: 12 (As of 7/31/2015)
Outstanding Shares: 26,066,191 (As of 3/3/2016)
Shareholders: 125
Stock Exchange: OTC
Federal Tax Id: 300420930
Fax Number: (281) 408-4879


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Tuesday, July 25, 2023