Centillion is a privately held company based in Houston, TX and New York, NY.
WHAT WE DO
Centillion arranges and manages the physical trading of crude oil and refined products to a global marketplace. We pursue transactions domestically yet are centered on exporting large volumes of products to an international customer base of refineries, trading companies and other end users.
We are currently evaluating Oil and Gas divestitures including working interest investments and E&P company acquisitions. We are also looking to secure off-take agreements for crude oil and natural gas products and to lease crude oil pipeline and storage facilities with marine terminal access. Producing crude oil from our own wells or through off-take agreements ensures the demands of our customers will be met. With our own storage and pipeline facilties we can control our ability to transport products to customers efficiently and lower delivery costs.
Our management consists of business executives whom have run businesses in a variety of sectors. Several were onshore and offshore E&P, trading, shipping and refining senior management level executives from major public and private U.S. companies in the oil and gas industry. They have decades of experience evaluating, developing, operating, financing and acquiring businesses and assets in the upstream, midstream and downstream sectors that were opportune for growth and met their organizations' strategic requirements.
Most recently, some of our management were involved in evaluating, structuring, arranging financing, and for several assets, bidding on the acquisition of oil refineries in the U.S and Europe.
In 2012-2013, a 100k bpd refinery sold by Andeavor.
In 2014 a refinery in Europe being divested by Shell Oil Company.
In 2014-2016 a 75k bpd refinery sold by a major oil company.
Prior to these they also evaluated several E&P divestitures from independents and majors as well.
Centillion is interested in expanding its trading business by making strategic investments and acquiring assets throughout the Oil and Gas industry that align with its long term expansion strategies,