Pin Oak Energy Partners LLC is an independent energy company, focused on the acquisition, exploration, development and production of crude oil and natural gas assets.
Our Mission Details
At Pin Oak, our goal is two-fold. First – create value for our stakeholders, landowners, partners, and communities by utilizing our Leadership Team’s proven track record of identifying and pursuing those assets that will produce the best rates of return. Second, and equally important, is to develop those assets in a responsible way. By utilizing appropriate oilfield best practices and keeping the health and safety of our workforce, our communities and the environment at the forefront of our development plans, we will be able to safely and responsibly create exceptional value for both the company and its stakeholders.
About Us Details
The Pin Oak Story
Pin Oak Energy Partners is a growing independent oil and gas company led by a proven Leadership Team focused on the exploration and production of oil and gas assets in the Appalachian Basin. Through acquisitions and strategic partnerships, Pin Oak Energy is building a substantial operating position in the basin. Our strategy is to create value for both the company and its stakeholders through projects and opportunities that offer an attractive risk-adjusted rate of return that substantially boosts the growth of the company.
The Leadership Team of Pin Oak Energy has a recognized track record of success in the oil and gas industry. Along with the Leadership Team, Pin Oak Energy is a collection of hard working, experienced oil and gas professionals committed to the principals that form the foundation of Pin Oak Energy Partners.
The Power of Pin Oak Energy
The power of Pin Oak Energy lies in its people and the opportunities they identify and create. Through disciplined deployment of capital and resources, the Leadership Team and employees of Pin Oak Energy Partners will achieve success. Below are some highlights of Pin Oak Energy;
+ 393 producing wells (38 Utica/Point Pleasant and Marcellus along with 355 conventional primarily Clinton Sandstone)
+ 119,327 net acres (nearly 113,000 net deep acres with Utica/Point Pleasant and Marcellus potential. 90% of net deep acres held by production ("HBP")
+ 13 MMcfe/d (9% Liquids - Oil & NGL)
+ 3 Waiting on Pipeline ("WOPL") wells and an inventory of nearly 30 additional Utica/Point Pleasant drilling locations on existing well pads and offsetting contiguous acreage
+ 22 miles of existing midstream gathering line segments with central processing units / interconnects
+ 11 pipeline interconnect facilities (2 into TGP, 4 into Blue Racer Midstream and 5 into Dominion)
+ A commitment to safe, environmentally responsible oil and gas development.
Area of Operation
Area of Operation Details
Our “most drilled but least explored” basin has been receiving a fresh look. After more than a century, the Appalachian Basin still contains at least as much oil and natural gas as has been produced to date. Estimates of remaining recoverable resources continue to increase. The majority of remaining hydrocarbon resources in the basin exists in unconventional settings (i.e. – coal seams, Devonian-age shales, and low-permeability (tight) sands), in addition to previously untapped deeper formations. In the future, the basin could also provide additional hydrocarbon resources from oil sands and oil shale. With its large untapped oil and gas resource potential and proximity to major markets, the Appalachian Basin is positioned for an important role in increasing America’s energy security and economic future.
New resource plays (primarily the Marcellus and Utica Shales) have attracted heightened interest in exploration and production in the region. Applying new technology and concepts is resulting in a wide range of new activities in the basin. Pin Oak Energy is on the forefront of these activities and is poised to benefit from these opportunities.
Leadership Team Details
Christopher T. Halvorson
Christopher T. Halvorson is a founder and the Chief Executive Officer of Pin Oak Energy Partners. Mr. Halvorson has more than 15 years of proven financial and corporate leadership experience. In his previous role as Chief Financial Officer at AB Resources, Mr. Halvorson helped guide the company to a successful exit of its significant Marcellus Shale position in southwestern Pennsylvania and northern West Virginia. Mr. Halvorson also serves on the Board of Directors for an oil and gas company and has been a Principal at a firm which provided executive level management consulting to oil and gas entities. Previous to AB Resources, Mr. Halvorson worked with EXCO Resources’ Appalachian Basin subsidiary, North Coast Energy Inc. and the public accounting firm of Hausser + Taylor, LLP. Mr. Halvorson is a CPA. He holds a dual degree of a Bachelor of Science in Accounting and Finance from Indiana University at South Bend.
Mark H. Van Tyne
Mark H. Van Tyne is a founder and the Chief Business Development Officer of Pin Oak Energy Partners. Mr. Van Tyne is an Oil and Gas Executive and industry leader with more than 35 years of expertise in creating substantial value for equity holders. He has an entrepreneurial approach to strategic planning, business development, deal making, land/lease functions, 3-P reserve studies, and acquisitions and divestitures. Prior to Pin Oak Energy, Mr. Van Tyne was President and Managing Member of The Blackburn Company, a premier oil and gas consulting and advisory firm. Previous to Blackburn, Mr. Van Tyne was the Vice President of Land for AB Resources from 2005 until 2013. He played a key role in business development and the accumulation of the company’s significant tier one Marcellus Shale acreage position in southwestern Pennsylvania and northern West Virginia. Prior to AB Resources, Mr. Van Tyne was the Vice President of Land/Legal for Belden & Blake Corporation. Previous to his tenure with Belden & Blake, Mr. Van Tyne had over 13 years with National Fuel Gas Company’s E&P sub, Seneca Resources Corporation. Mr. Van Tyne holds a Bachelor of Science with Honors in Business and Organizational Management from Houghton College and has completed an Executive Management Program at Harvard Business School, Cambridge, MA.
John G. Corp
John G. Corp is the Chief Operating Officer of Pin Oak Energy Partners. He has more than 35 years of extensive experience in management, drilling, production, and oil field service operation in the Appalachian Basin. Prior to joining Pin Oak Energy he was President and Executive Officer for Trans Energy, Inc. from 2009 to 2017. He also served as a Board Member of Trans Energy from 2005-2017. Mr Corp was the VP of Operations for AB Resources from 2006 to 2009. From 1987 to 2004 he held various management positions with Belden & Blake Corporation. From 1979 to 1986 Mr. Corp worked at Park Ohio Industry (Oil and Gas Group) while attending College. Mr. Corp was a former member and prior Chair of the Technical Advisory Committee (TAC) of the Ohio Department of Natural Resources (ODNR). Mr. Corp holds a BS degree in Petroleum Engineering from Marietta (Ohio) College and is a member of the Society of Petroleum Engineers and the Ohio Oil and Gas Association.
Christine L. Shepard-Desai
Christine L. Shepard-Desai is the General Counsel for Pin Oak Energy Partners. As General Counsel, she is responsible for the overall legal and regulatory affairs of Pin Oak. Christine has more than a decade of experience in energy law, focused primarily on oil and gas in the Appalachian Basin. Ms. Shepard-Desai brings extensive transactional experience to Pin Oak, including with large-scale mergers, acquisitions and divestitures. She has served in leadership roles with multiple E&P companies. From 2010 through 2017, Christine served as the General Counsel for AB Resources LLC. During her tenure, she guided the company through a multi-million dollar divestiture of all of its assets, managed all litigation matters to successful resolutions and handled all day-to-day legal issues of the company. Prior to AB Resources, Christine was the Associate General Counsel for the Appalachian Business Unit of EXCO Resources. Christine began her career in a law firm in Chicago handling general corporate matters, mergers & acquisitions, administrative law, immigration and real estate law. Ms. Shepard-Desai received her Bachelor of Science in Political Science and International Studies from Baldwin Wallace University and her Juris Doctor from DePaul University College of Law.
Steve C. Yurick
Steve C. Yurick is the Vice President of Corporate Development and Human Resources for Pin Oak Energy Partners. Mr. Yurick has more than 20 years of experience in executive recruitment, corporate development and human resources consulting. In his previous role, Mr. Yurick served as the VP of Human Resources for BACAS MD. He guided the company through corporate personnel activities as well as actively participated in strategic executive management decisions. Prior to BACAS MD, Mr. Yurick served as the Director of Human Resources at AB Resources from 2007 to 2013. He guided the company through recruitment, selection, and placement of the majority of AB Resources employees including several executives. Mr. Yurick holds a Bachelor of Science with Honors in Industrial Management with a Major in Human Resources from the University of Akron. He is also a Certified Personnel Consultant.