Peak Resource LP is an operator with a singular focus on the Powder River Basin (PRB). The Company's primary operational focus is on using advanced horizontal drilling and completion technology to grow its oil and natural gas production and reserves in the PRB. The PRB is situated in the State of Wyoming, United States. It produces oil and natural gas from five different zones in the PRB: Parkman, Shannon, Turner, Niobrara and Mowry. The PRB consists of an expansive and thick gross column with multiple, proven productive horizons that are conducive to the application of horizontal drilling and completion techniques using technology. It has around 65,000 gross (45,000 net) acres comprised of private, state, and federal lands with a number of large, contiguous leasehold blocks in the over-pressured core of the Powder River Basin, primarily in Campbell and Converse Counties, Wyoming. It has identified 1,770 gross (530 net) horizontal drilling locations across its acreage in the PRB.