The Pinon Energy team has consistently demonstrated their ability to generate opportunities and grow mature conventional projects and assets.
Large, mature waterflood acquisition completed in early 2021; production growth continues through H1, 2023, recently sold Unit, pursuing new opportunities.
Acquire and grow producing assets into “Investment Grade” opportunities for low-risk, low-cost position.
Pinon Energy derived its name from the Pinon tree. The pinyon or piñon pine group grows in southwestern North America, especially in New Mexico, Arizona, and Utah. The trees yield edible nuts, which are a staple food of Native Americans. Pinon trees produce seeds only once every four to seven years, depending on rainfall, so the nuts can be expensive. They are widely eaten as a snack and as an ingredient in New Mexican cuisine.
