Penneco Oil Company

PENNECO is knowledgeable in the business of oil and gas exploration and in the ways to minimize the associated risk. Through several economic cycles, spanning over 30 years, PENNECO has produced oil and natural gas profitably. During that time, we have gained a reputation of integrity and competence in this complex and volatile industry. Our closely-knit team of management professionals has decades of experience.

We take pride in producing domestic energy thereby reducing our countrys dependence on foreign energy sources.While the industry continues to evolve with the development of new technologies and discoveries, PENNECO is well positioned to adapt to and capitalize on this dynamic environment. Our company has withstood the test of time, growing ever stronger year by year.We are excited about the future and building upon our legacy with you as our Energy Exploration Partner.We value the confidence that each partner places in us, and this trust is paramount in all of our decision-making.

Integrity
The PENNECO Management team has an average of over 30 years experience in the exploration and production industry. This expertise has enabled the company to drill many types of conventional and un-conventional oil and gas wells in multiple basins nationwide. PENNECO owns a majority stake in the eastern-most oil field in the continental U.S., which is located in Bradford County, PA.

PENNECO is committed to drilling in an environmentally responsible way. Our environmental consciousness has helped to dissipate the stereotype associated with energy extraction. The company takes pride in its relationships with surface owners, regulations and local municipalities.Building on the legacy of energy production started by Seaborn Jacobs, PENNECOs business plan is to acquire a diverse portfolio of oil and gas production to minimize risk and maximize return.