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A&D - Pin Oak acquires upstream and midstream Appalachian assets - March 2019
Appalachian pure-play Pin Oak Energy Partners acquired producing conventional assets in Elk County, Pennsylvania, on acreage targeting the Marcellus shale. From the same undisclosed seller, the company also acquired a 12-mile midstream gathering system with a 25 MMcf/d peak volume, which it will operate. Pin Oak also entered into an agreement with the seller covering the development of 20,000 net acres in Elk County prospective for the Marcellus and Utica formations. Pin Oak separately......
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