(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.
(JUL 2017) PIN OAK ENERGY PARTNERS TO EXPAND OHIO OPERATIONS WITH EQT ASSET TRANSACTION
Pin Oak Energy Partners LLC today, announced that it has purchased approximately 9,300 net acres, eight Utica wells, and four miles of gathering lines from EQT Corporation.
(JUL 2017) Christine Shepard-Desai Joins Pin Oak Energy as General Counsel
Pin Oak Energy Partners is pleased to announce that Christine Shepard-Desai has joined Pin Oak Energy Partners as General Counsel. Mrs. Shepard-Desai has more than a decade of experience with oil and gas law, contracts and regulatory matters.
(May 2017) John G. Corp Joins Pin Oak Energy as Chief Operating Officer
Former President and Executive Officer of TransEnergy, John G. Corp, joins Pin Oak Energy as Chief Operating Officer.