Sustainability

2024 Sustainability Report

PER report PennEnergy’s emission reduction program

EMISSIONS INTESITY

  • Utilizing grid power to reduce emissions
  • Facility design focused on emission reductions
  • Regularly scheduled leak detection surveys
  • Vapor recovery and backup combustion
  • On-site emissions monitoring

WATER SOURCING & REUSE

  • Extensive water pipeline network reduces truck traffic
  • Robust water recycling program
  • Regional water sharing partnerships

COMMUNITY ENGAGEMENT

  • Transparent community dialogue
  • Responsive to community needs
  • Educate local officials and residents
  • Reinvest in communities where we operate

HEALTH & SAFETY

  • Health & Safety prioritized over profits
  • Cement all casing strings to surface
  • Gas tight casing connections
  • Remote control system with shut in capabilities
  • Annual safety training with first responders
  • Ongoing trainings for PER employees

Independently Certified Gas & MiQ

How It Works

PennEnergy receives third-party verification of its methane emissions performance via the MiQ Standard, an independently certified gas (ICG) framework which analyzes a company’s performance using three categories: (i) methane emissions intensity (percentage of methane emitted vs. producedas a product); (ii) monitoring technology deployment; and (iii)company practices. Certification under this standard is conducted by accredited third-party (i.e. non-MiQ) auditors and includes extensive data review as well as site inspections, resulting in an A to F grade. PennEnergy received top marks (i.e. Grade “A”) in its original audit and continues to maintain this grade through regular reporting and annual recertification.

Data Collected & Site Visits Conducted
Certification Verified & Certificates Issued
Certified Gas Delivered to Market
Annual Recertification Ensures Credibility

Data Collected &
Site Visits Conducted

Certification Verified
& Certificates Issued

Certified Gas
Delivered to Market

Annual Recertification
Ensures Credibility

“PennEnergy’s A grade certification for its entire operating asset demonstrates the company’s commitment to reducing methane emissions from its natural gas production. MiQ’s standard for assessing methane emissions’ performance from the production of natural gas acknowledges the measures PennEnergy took to account for and eliminate methane emissions from its current assets..”

MiQ CEO – Georges Tijbosch

PennEnergy Resources Maintains “Grade A” Certification from MiQ Across its Entire Portfolio

Sustainability

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