Penn Production Operating, LLC will be in charge of all activity involved in the drilling,fracking, and production of Penn Production Group, LLC.
M.A.T Oil and Gas Exploration, Inc. is a 59-year-old company originally formed in 1961 by B.G. Bartley and Charles M. Griffith of Pittsburgh, Pennsylvania. The company started drilling 15 to 25 oil and gas wells per year throughout Westmoreland, Armstrong, Indiana, Jefferson and Clearfield counties and Charles was drilling up to 50 wells until his untimely death in the late 1980s. During this same period Charles teamed up with Mark Thompson, the owner of M.A.T Oil and Gas Exploration, Inc., who was drilling 15 to 50 wells per year. The two combined their resources, which enabled the business to drill 50 to 150 wells per year.
Over the years, M.A.T Oil and Gas Exploration, Inc. has employed over 45 individuals, leased in excess of 245,000 acres and drilled hundreds of gas wells. Over time, many of the producing wells funded by various investment groups were sold and M.A.T Oil and Gas Exploration, Inc. has retained its deep rights and overrides throughout Pennsylvania.
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