PennEnergy Resources LLC

About

PennEnergy Resources is a Pittsburgh based independent oil and gas company focused on the acquisition and development of unconventional shale resources in the Appalachian Basin. 

Editor's note: Updated Jan. 8, 2021.

Headquarters Address

1000 Commerce Drive
Park Place One Suite 400
Pittsburgh, PA 15275
United States

Main Phone Number

Activity Highlights

Two Butler County, Pa., Marcellus Shale completions were announced by Penn Energy Resources. The #5H PER W44 is in Winfield West Field and produced 4.44 MMcf of gas per day with a shut-in casing pressure of 1,361 psi. It was drilled to 14,721 ft…

In Beaver County, Pa., Penn Energy Resources completed a Marcellus Shale well that was tested flowing 5.903 MMcf of gas per day. The #4H Zahn is in Section 8, Zelienople 7.5 Quad, Marion Township. The well was drilled to the northwest to 12,370…

A Beaver County, Pa., Marcellus Shale well, #2H PER B22, was tested flowing 5.684 MMcf of gas per day. Penn Energy Resources’ completion is in Crows Run Field in Section 2, Baden 7.5 Quad, New Sewickley Township. It was drilled to 16,651 ft with…

News

PennEnergy Resources retained Detring Energy Advisors to market for sale its Utica Shale producing properties, leasehold and related…

With nearly 200,000 net acres in the northern core of the Southwest Pennsylvania Marcellus, this operator looks to build on its strong…

Producing 6.5 million barrels equivalent per day, these 100 private producers represent the best of the U.S. oil and gas industry.

PennEnergy Resources CEO Richard Weber talks about the challenges and rewards of forming the Appalachia-focused company.

Executives from Marcellus and Utica producers PennEnergy Resources and Equinor ASA deciphered the secret sauce for success in…

Transactions

Report Date Amount (MM) Description
2021-02-16 $205.00

Stonehenge, UGI Acquire Pine Run Midstream Natural Gas Gathering System

Stonehenge, UGI Acquire Pine Run Midstream Natural Gas Gathering System

Report Date Amount (MM) Description
2021-02-16 $205.00

Stonehenge, UGI Acquire Pine Run Midstream Natural Gas Gathering System

Stonehenge, UGI Acquire Pine Run Midstream Natural Gas Gathering System

Report Date Amount (MM) Description
2021-01-08

Marketed: PennEnergy Resources Warrior North Utica Shale Opportunity

Marketed: PennEnergy Resources Warrior North Utica Shale Opportunity

Report Date Amount (MM) Description
2018-08-27 $600.50

PennEnergy To Buy Bankrupt Rex Energy For $600.5 Million

PennEnergy To Buy Bankrupt Rex Energy For $600.5 Million