Pennpetro Energy Plc engages in the onshore oil and gas exploration and production in the United States. Its principal property is the undeveloped central portion of the Gonzales oil field that consists of leasehold petroleum mineral interests with approximately 1,000 leases on 2,500 acres of land and proven oil condensates located in the City of Gonzales, Texas. The company was founded in 2016 and is based in London, the United Kingdom.