What geographic locations and Basins does Pinnacle prefer?
Pinnacle looks for development of oil and/or gas opportunities that are onshore and within the United States. Prime candidates for our development programs have included properties in California, the West Texas Permian Basin, the Central Appalachian Basin as well as mid-Continent locations in Oklahoma and Kansas, and Western U.S. sites in Wyoming and California. We generally do not make acquisitions in high-decline regions, such as certain U.S. Gulf Coast and Austin Chalk locations.