Penneco Oil Company

Penneco Oil Company, incorporated in 1979 and based in Delmont, Pennsylvania is an oil and gas corporation engaged in ongoing leasing, marketing, exploration, and drilling operations for natural gas and crude oil.Penneco Oil Company, incorporated in 1979 and based in Delmont, Pennsylvania is an oil and gas corporation engaged in ongoing leasing, marketing, exploration, and drilling operations for natural gas and crude oil. Penneco's goal is to profitably find and produce oil and natural gas in an environmentally responsible and safe manner. Penneco Pipeline Corporation supports these activities with leasing of reserves and natural gas infrastructure services. With more than 30 years of industry experience, Penneco works to provide landowner satisfaction and ensure every well site is restored properly. Penneco Oil Company and the various affiliated Penneco Drilling Associates programs have drilled over 1,000 wells. For more information about Penneco, visit our Landowner Center and Investor Center. To interact with Penneco Oil, follow us on Facebook and Flickr.

PENNECO’s business objective is to locate, develop, produce and profitably market oil and gas in an environmentally responsible way. Over the years, PENNECO has achieved consistent results through innovation, managerial excellence and integrity. The company’s hedging strategy has provided stable returns in an extremely volatile commodity market. PENNECO hedges have been in the money 90% of the time, thereby achieving remarkable downside price risk protection. The financial strength of a multinational integrated oil company, the company’s hedging counter party, is an added assurance of performance.