Pin Oak Energy acquires Utica acres from Shell subsidiary
The transaction increases Pin Oak Energy’s acreage position across the Appalachian Basin to 167 000 net deep acres.
The transaction increases Pin Oak Energy’s acreage position across the Appalachian Basin to 167 000 net deep acres.
Wildcat well 36/1-3, about 15 km east of the 35/3-2 (Agat) gas discovery, was found to be dry and has now been permanently plugged and abandoned.
The concession covers the Puesto Rojas block in Mendoza province, Argentina.
The company has concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea.