Share 'Pin Oak buys SWEPI acreage in Mercer, Venango, and Crawford Counties,'
according to shaledirectories.com No price given.
“This transaction further bolsters the company’s deep Utica rights in the oil and wet gas windows of the play,” said Mark Van Tyne, Pin Oak’s chief business development officer. “The fact that the majority of the acreage is Hbp affords us time to more thoroughly evaluate the region as we high grade locations for economic development.”
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