[1] The company is a global player with core focus on emerging and frontier markets and assets in Africa, Southeast Asia and the Americas.
The company also transports, stores, purchases and markets crude oil, natural gas & LNG, petroleum products and power.
Blacksands Pacific was founded in 2010 by Raheem J. Brennerman, an experienced investor with interests in energy and real estate.
[4] In September 2011, Blacksands Pacific entered into a commercial partnership with Sigmund Oilfields Limited, a Nigerian indigenous oil & gas exploration and production company, to explore, develop and produce oil from offshore the Niger Delta, but later withdrew.
[5][6] In October 2011, the company formed a joint venture with Oil and Gas Technology Fund Inc to develop the Torrance Field acreage located in the Los Angeles Basin, California and explore and develop other prospects in Nevada.