Pin Oak Energy Partners lines up funding to continue growth

Akron-based oil and natural gas producer Pin Oak Energy Partners LLC has lined up more financial support for its growth plans, reports Crain’s Cleveland Business. The newspaper says the company has increased its credit facility with CrossFirst Bank to $150 million, with Pin Oak CEO Christopher Halvorson noting the funding will help the company “continue our growth through acquisitions and through the drill bit." With a focus on the Appalachian Basin, Pin Oak operates 363 wells across more than 32,000 acres. For more, read the full story.

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