APPALACHIAN GROUP

Penn Natural Resources LLC was formed by the principals of Texas Independent Exploration, Ltd. to acquire and develop Marcellus leaseholds in Pennsylvania.

Campbell Oil & Gas, Inc. (COG) is an oil and gas operator in Pennsylvania. COG is contracted by Penn Natural Resources and by XPR Resources to operate their producing properties.

RW Gathering LLC (RWG) operates natural gas gathering systems in Derry Township, Westmoreland County; Cooper Township, Clearfield County; and Snowshoe Township, Centre County. RW Gathering is a joint venture of XPR Resources LLC and Summit Discovery Resources LLC. RWG’s pipelines collect natural gas from wells and transports it to compressor stations where it is processed and delivered to downstream pipelines. XPR Resources is the managing partner for RW Gathering.

 

OTHER

Texas Independent Exploration, Ltd. (TIE) is a privately owned domestic E&P with over 30 years  of operational experience in multiple areas of the United States. TIE has previously developed and managed operations which built the 5th largest producer in Texas RRC District 4. The Management Team has drilled and operated in excess of 200 high pressure gas condensate producing wells. The principals of TIE continue working on finding the best investment opportunities across the United States.