Press Release

BidOut secures strategic funding round to redefine oil field procurement

06/13/2022 – Houston, TX – Today,, the company redefining oil field procurement, announces it has commenced its pre-seed round of funding led by Ascent Energy Ventures of Denver, Colorado with participation from Leazar Capital and other investors. BidOut, founded in 2021 set out to change the procurement and sourcing of oil field services through

BidOut Adds Key Executive Advisors to Spearhead Growth

Houston, TX – Today, the leading oil and gas procurement platform announces the addition of 2 key executive advisors to help continue its growth with deep industry knowledge. Keith Chometsky, who currently serves as President of MS Directional & VP SCM-Procurement @ Patterson-UTI & Brian Smith, who formerly served as Chief Procurement Officer at