Pentacles Energy is a crude oil and gas production company in Morgan County, Tennessee. Our aim is to increase the volume of the gas and crude oil production and for that purpose we have leased the “Indian Creek” Gas Storage Facility for 10 years from the Citizens Gas Utility District.
By working on the stripper natural oil and gas wells in the area, we have the current ability to inject or withdraw 20,000 MMCF per day, due to our upgraded compressors, and have a storage capacity of 2,300,000 MMCF of natural Gas.
The Indian Creek is connected to the East Tennessee Natural Gas City Gate (ETNGCG) and is currently operated with no tariffs.
Our Infrastructure allow us to trade and store natural Gas in the Physical Market as well as in the Future Markets.