In 2017, BKV Operating, LLC was founded in order to acquire, manage and develop premier operated assets across Northeast Pennsylvania.

BKV Operating, LLC is a subsidiary of BKV Oil and Gas Capital Partners, LP (the “Fund”), a Fund managed by Kalnin Ventures, LLC, and was founded on a commitment to transparency, honest and reliability with regards to our stakeholder, our landowners and our vendors.

On October 6, 2017, BKV Operating, LLC entered into Purchase and Sale Agreements with respect to the Fund’s fifth acquisition of assets in just over 2 years in the northeast portion of the Marcellus Shale. This transaction involved BKV Operating, LLC’s acquisition of operated assets formerly owned by Carrizo (Marcellus) LLC.

On December 12, 2017, BKV Operating, LLC entered into a Purchase and Sale Agreement with respect to the Fund’s sixth acquisition in thirty months in the Northeast portion of the Marcellus Shale. This transaction involved BKV Operating, LLC’s acquisition of operated assets formerly owned by Warren Resources, Inc.

BKV Operating, LLC currently operates 121 producing natural gas wells across two premier fields in Appalachia.