News

Offers to Purchase up to 22,600 Shares of its Common Stock at $265.50 per Share May 2, 2014 Pardee Resources Company (OTC: PDER) (the “Company”) announced today the commencement of an offer to purchase up to 22,600 shares of its outstanding common stock at a purchase price of $265.50 per share (the “Offer”). The Offer […]

Pardee Resources Company (OTC: PDER) (the “Company”) is pleased to announce that its subsidiary, Encap Solar AZ 2 LLC, recently closed on a $10.8 million acquisition of a 2.8 MW portfolio, comprising 10 solar photovoltaic systems in Arizona.  In addition to providing significant tax benefits, this investment was accretive to earnings upon closing. This acquisition […]

Pardee Resources Company (OTC: PDER) announced today that Forecon, Inc., a professional forestry consulting and certified timberland appraisal firm based in Falconer, New York, recently completed a market value appraisal of the Company’s surface and timber rights on approximately 136,200 acres, which constitute the bulk of the Company’s hardwood timberland ownership. In preparing their Summary […]

Pardee Resources Company (OTC: PDER) announced today that it closed on the acquisition of approximately 400,000 acres of oil and gas mineral interests located in West Virginia, Virginia and Kentucky.

Pardee Resources Company (OTC: PDER) announced today that its subsidiary, Pardee & Curtin Realty LLC, recently closed on the sale of 39,945 acres of surface and timber located in Kanawha and Fayette Counties, West Virginia to Quercus West Virginia, LLC for $16,500,000.