Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

May 22, 2015 7:01 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Venoco, Inc.

Company Overview

Venoco, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and natural gas properties in offshore and onshore California. The company holds interests in South Ellwood Field, Santa Clara Federal Unit, Dos Cuadras Field, Beverly Hills West Field, and onshore Monterey shale formation in southern California. As of December 31, 2014, it had net proved reserves of approximately 40.4 million barrels of oil equivalents. The company was founded in 1992 and is headquartered in Denver, Colorado. Venoco, Inc. is a subsidiary of Denver Parent Corporation.

370 17th Street

Suite 3900

Denver, CO 80202

United States

Founded in 1992

158 Employees



Key Executives for Venoco, Inc.

Chief Executive Officer, President of DPC and Chief Operating Officer of DPC
Age: 58
Co-Founder, Executive Chairman, Member of Compensation Committee and Chief Executive Officer of DPC
Age: 55
Chief Financial Officer
Age: 44
Principal Accounting Officer and Director of Financial Reporting
Age: 38
General Counsel and Secretary
Age: 50
Compensation as of Fiscal Year 2014.

Venoco, Inc. Key Developments

Venoco, Inc. Reports Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015

Venoco, Inc. reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $20,418,000 against $62,997,000 a year ago. Loss from operations was $12,681,000 against income from operations of $21,231,000 a year ago. Loss before taxes was $11,794,000 against income before taxes of $9,553,000 a year ago. Net loss was $11,794,000 against net income of $9,553,000 a year ago. Adjusted earnings negative was $10,750,000 against adjusted earnings of $2,729,000 a year ago. Adjusted EBITDA was $13,491,000 against $30,443,000 a year ago. For the quarter, the company reported total production volume of 542 MBOE against 700 MBOE a year ago. Daily average production was 6,016 BOE/d against 7,776 BOE/d a year ago. Daily average production volume of oil was 5,719 Bbls/d against 7,278 Bbls/d a year ago. Daily average natural gas was 1,784 Bbls/d against 2,989 Bbls/d a year ago.

Venoco, Inc. Appoints Scott Pinsonnault as Chief Financial Officer, Effective May 1, 2015

Venoco, Inc. announced that Scott Pinsonnault was named Chief Financial Officer, a position he had held on an interim basis since November, 2014. Prior to joining the company as interim Chief Financial officer, Mr. Pinsonnault was Managing Director with Opportune LLP's Energy Practice. The change is effective May 1, 2015.

Venoco Plans Acquisitions

Venoco, Inc. intends to make acquisitions. Mark DePuy, Venoco's Chief Executive Officer said: “While we're pleased with the recent financing round, we'll continue to seek out further opportunities for capital structure improvements, acquisitions, and growth."

Similar Private Companies By Industry

Company Name Region
WHT Energy Partners, LLC United States
North East Fuel, Inc. United States
Lubbock Gas Gathering, LLC United States
Palmdale Oil Company, Inc. United States
Crescendo Resources LLC United States

Recent Private Companies Transactions

Private Placement
April 2, 2015
August 19, 2014
Venoco Inc., West Montalvo Properties

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Venoco, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at