Founded 1973 · Kozel Family · Est. USA

Keystone
Energy
Oil and Gas

A Family Legacy of Energy Excellence

For over five decades, the Kozel family has built, operated, and grown one of the most experienced independent oil and gas enterprises in the world — from the Permian Basin to the Sahara Desert to the Kurdistan Region of Iraq. Founded in 1973 by Frank Kozel, and carried forward by his son Todd Kozel, Keystone Energy Oil and Gas stands as proof that family commitment, operational discipline, and global ambition can build something truly enduring.

1973Year Founded
13B+Barrels Discovered
~2,400Wells Drilled & Managed
$1.5B+Capital Raised
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Our Story

Built on Family.
Forged in the Field.

In 1973, Frank Kozel founded Keystone Energy with a simple conviction: that disciplined, hands-on operators — not just financiers — build lasting energy companies. Starting in the Permian Basin, Frank built a fully integrated E&P platform from the ground up, drilling and operating approximately 400 wells across the United States over the course of his career.

His son, Todd Kozel, inherited that same conviction — and scaled it internationally. Beginning with Texas Keystone Inc. in 1988, Todd expanded the family's operational footprint to Algeria and the Kurdistan Region of Iraq, discovering billions of barrels of oil and raising over $1.5 billion in capital on the London Stock Exchange.

Today, Keystone Energy Oil and Gas carries the Kozel legacy forward — combining the foundational operational discipline established by Frank with the global dealmaking and frontier exploration expertise developed by Todd. The result is a uniquely positioned enterprise: experienced enough to execute, agile enough to move fast, and committed enough to stay for the long term.

Founded by
Frank Kozel (Chairman) · 1973
Led by
Todd Kozel — Founder & CEO
Experience
50+ Years of Continuous Operations
Operating Regions
USA · Algeria · Kurdistan Region of Iraq · U.A.E.
Companies Built
Keystone Energy · Texas Keystone Inc. · Falcon Drilling · Gulf Keystone Petroleum LLC · Gulf Keystone Petroleum Ltd.
Stock Exchange
London Stock Exchange — Gulf Keystone Petroleum Ltd.
The Kozel Portfolio

Five Companies.
One Family Vision.

From the Permian Basin to the London Stock Exchange — each company in the Kozel portfolio built on the operational foundation of the last.

1973 –
Present
Keystone Energy
Founded by Frank Kozel (Chairman) · Foundational Platform
The original Kozel enterprise. Frank built a fully integrated E&P platform across the Permian and Marcellus Basins — approximately 400 wells drilled and operated across the USA. Complete lifecycle operations: geology, land acquisition, well engineering, drilling supervision, completion engineering, production management, well maintenance, and commodity marketing. The operational blueprint still used across the portfolio today.
~400 WellsPermian BasinMarcellus BasinFull Lifecycle E&PCommodity Marketing
1988 –
Present
Texas Keystone Inc.
Kozel Family · Modern E&P Platform
The evolution of Keystone Energy into a scalable, structured E&P platform. Approximately 2,000 wells drilled and managed — building the technical depth and management systems needed for international expansion. The bridge between Frank's foundational work and Todd's global ambitions.
~2,000 WellsPermian BasinMarcellus BasinStructured E&P
1996 –
2010
Falcon Drilling Company
Principal · Vertically Integrated Drilling & Services
Among the most active private drilling and services companies in the United States — achieving industry-leading drilling footage per year. Vertically integrated: drilling, workover, location construction, wellsite management, trucking, logistics, pipeline construction, and field infrastructure. Proven rapid mobilization across multiple simultaneous sites.
Drilling & WorkoverPipeline ConstructionField LogisticsRapid Mobilization
1999 –
2004
Gulf Keystone Petroleum LLC
Co-Founder & CEO Todd Kozel · Sharjah, U.A.E.
The Kozel family's first major international venture. Established a major exploration presence in Algeria — 5 licenses secured. Discovered approximately 1.8 trillion cubic feet of natural gas on the HBH license in the Sahara Desert. Full portfolio monetized through strategic sale to British Gas. Assets transitioned into GKP Ltd. for London Stock Exchange listing.
Algeria~1.8 TCF Gas5 LicensesSold to British Gas
2004 –
2014
Gulf Keystone Petroleum Ltd.
Founder & CEO Todd Kozel · London Stock Exchange
The flagship of the Kozel portfolio. Multi-billion-dollar company listed on the London Stock Exchange. Operations in Algeria and the Kurdistan Region of Iraq. The Shaikan discovery — one of the largest super-giant fields found in 50 years, 13B+ barrels, the largest onshore development not held by a major oil company. First production in ~3.5 years vs. 7-year global average. Raised over $1.5 billion. First international operators in Kurdistan. Contributed directly to the Kurdistan Regional Oil & Gas Law (KROGL).
13B+ Barrels$1.5B+ RaisedKurdistanLSE Listed~3.5 Yrs to ProductionKROGL
13B+ Barrels · Shaikan
Kurdistan Region of Iraq

"One of the largest super-giant oil fields discovered in the last 50 years — and the largest onshore development worldwide not held by a major oil company like ExxonMobil or Shell."

The Shaikan Field is the defining achievement of the Kozel family's international expansion. Discovered and brought to first production in approximately 3.5 years — less than half the global industry average — Shaikan stands as proof that an experienced family-run independent can achieve what the world's largest oil companies have not.

Key Milestones

A Record Built
Over Generations

The numbers that define the Kozel family's five decades of energy enterprise.

1973Founded by Frank Kozel

Over 50 years of continuous operations — an unbroken record of field presence through every commodity cycle and market condition.

~2,400Wells Drilled & Managed

From ~400 wells drilled by Keystone Energy to ~2,000 managed under Texas Keystone — across the Permian, Marcellus, Algeria, and Kurdistan.

13B+Barrels Discovered — Shaikan

The largest onshore oil discovery not held by a major — discovered and brought to production by Todd Kozel in the Kurdistan Region of Iraq.

~1.8 TCFNatural Gas — Algeria

Discovered on the HBH license in the Sahara Desert, subsequently monetized through a strategic sale to British Gas.

$1.5B+Capital Raised

Raised through Gulf Keystone Petroleum Ltd., listed on the London Stock Exchange — demonstrating world-class capital markets execution.

~3.5 yrsDiscovery to First Production

Shaikan achieved first production in ~3.5 years vs. a 7-year global average — proof of the Kozel family's unmatched operational execution.

What We Do

Full Lifecycle
Field Execution

Built over five decades of hands-on operations — every phase of oil and gas development, from first geology to final sale.

01
Subsurface & Planning
  • Geology & geophysics
  • Reservoir evaluation
  • Field development planning
  • Land & lease acquisition
02
Drilling & Completion
  • Well engineering & supervision
  • Completion design & execution
  • Workover programs
  • Regulatory compliance & safety
03
Facilities & Infrastructure
  • Facilities engineering & construction
  • Pipeline construction
  • Field logistics systems
  • Site construction & reclamation
04
Production & Optimization
  • Production management
  • Artificial lift & optimization
  • Well maintenance & integrity
  • Workover & redevelopment
05
Government & Regulatory
  • PSC framework development
  • Sovereign government engagement
  • Regulatory coordination
  • Community & stakeholder relations
06
Capital & Commercial
  • Capital markets fundraising
  • Asset monetization
  • Commodity marketing
  • Joint venture structuring
Get In Touch

Ready to Build
Something Lasting

Keystone Energy Oil and Gas welcomes conversations with partners and investors who share a commitment to long-term, disciplined energy development.

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