Flat Rock Development

Flat Rock Development, LLC is a privately held oil and gas exploration and production company focused on the Appalachian Basin. The company, founded in 1998 and headquartered in Morgantown, West Virginia, develops, funds, and implements drilling programs. Its primary focus is on producing natural gas from the Utica Shale and Marcellus Shale formations.

The firm operates on approximately 20,000 gross developable acres of reserves located in Monroe and Washington counties in southeastern Ohio. Flat Rock's business model involves partnering with independent production companies and individual mineral owners who hold acreage in the Appalachian Basin. The company provides the capital, risk tolerance, and technical expertise necessary to organize drilling programs and generate revenue from the region's shale gas reserves. Their team possesses experience in horizontal completion, land acquisition, drilling, and production operations.

Founded by individuals native to West Virginia, the company emphasizes its local roots and long-term commitment to the Appalachian region. Flat Rock aims to leverage the area's vast oil and natural gas resources to stimulate regional economic development. The company is a portfolio company of Flat Rock Energy, LLC and has received private equity backing from investors such as Tinicum.

Keywords: oil & gas exploration, natural gas production, Appalachian Basin, Utica Shale, Marcellus Shale, drilling programs, mineral rights, energy production, horizontal completion, land acquisition, private equity, energy exploration, shale gas, West Virginia, Ohio energy