PennEnergy Resources achieves MiQ Grade A methane certification
The designation confirms rigorous environmental standards across the firm's complete operational footprint.
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Shale development company
pennenergyresources.comLast updated
In short: PennEnergy closed a $2 billion EnCap deal and achieved Grade A methane certification.
The designation confirms rigorous environmental standards across the firm's complete operational footprint.
This capital injection supports ongoing operational efficiency and future asset acquisitions across its core holdings.
The capital raise exceeded the target, providing growth capital for bolt-on opportunities with strong investor demand.
The transaction includes released collateral accounts and expands operations to over 200,000 acres. Closing occurs in September 2018.
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