News & Announcements
(FEB 2019) Pin Oak Energy Partners Selects Akron, Ohio for New Corporate Headquarters
Pin Oak Energy Partners LLC (Company or Pin Oak Energy) announces that it has selected 388 South Main Street Suite 401, Akron Ohio (known as the AES Building) as its new corporate headquarters.
(FEB 2018) Pin Oak Energy Announces the Closing of the Acquisition of Nearly 70,000 Net Acres in the Northern Trend of the Utica/Point Pleasant Play in Ohio and Pennsylvania
Pin Oak Energy Partners LLC announces that it has closed on a series of transactions in early February 2018 with multiple sellers. The transactions include the acquisition of nearly 70,000 net acres (90% HBP) prospective for Utica/Point Pleasant development in Ohio and Pennsylvania, additional midstream assets in northern Pennsylvania including two (2) taps into Tennessee Gas Pipeline along with associated gas processing capabilities, and thirty-three (33) conventional wells in Ohio that produce from the deep Knox Group of geologic formations.
(OCT 2017) Pin Oak Energy Partners Closes Acquisition with Seneca Resources Corporation for Marcellus and Utica Assets in Pennsylvania
Pin Oak Energy Partners LLC announces that it has closed a transaction with Seneca Resources Corporation to acquire Marcellus and Utica/Point Pleasant assets in Forest, Elk, McKean and Cameron Counties in Pennsylvania.
(Sept 2017) Pin Oak Energy Partners Announces Bank Credit Facility Increase to $150MM
Pin Oak Energy Partners LLC announces that CrossFirst Bank has reaffirmed the Company’s borrowing base while extending and increasing Pin Oak Energy’s Credit Facility size to $150 MM.
(AUG 2017) Pin Oak Energy Partners Announces Acquisition of Oil and Gas Assets in Ohio and Pennsylvania
Pin Oak Energy Partners announces that it has acquired 13 Utica/Point Pleasant wells, 7,400 net acres, an operations field office and 22 miles of midstream infrastructure from an undisclosed seller.