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What is Pinnacles philosophy regarding properties with newer production?

April 26, 2017newer philosophy Pinnacle production properties

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What is Pinnacles philosophy regarding properties with newer production?

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We prefer properties with an established history and verifiable production of 10 years or more. However, in certain basins, we will consider properties with a history of 3-5 years as long as the property meets our other acquisition criteria, including total value and return on investment.