Our History

The roots of the Pardee Resources Company reach back to 1840, when Ariovistus Pardee founded A. Pardee & Company to mine anthracite coal in northeastern Pennsylvania. Through the years, Ario Pardee’s descendants continued to maintain an active role in the Company, diversifying the Company’s holdings while focusing on the ever-increasing demand for energy and natural resources.

For almost 175 years, through economic ups and downs, social changes, and technological advances, Pardee Resources has continued to grow while providing attractive returns to its shareholders.

 

Timeline

1840

Ariovistus Pardee forms A. Pardee & Company, miners and shippers of anthracite coal.

1873

Pardee & Curtin Lumber Company founded in West Virginia.

1890

The Pardee Company purchases land in Louisiana for timber and oil and gas.

1900

Additional lands are purchased in Virginia and Kentucky for coal mining, and Blackwood Land Company is established.

1974

Natural gas developed on Pardee lands in Louisiana.

1989

Several Pardee businesses are reorganized under a single leadership and governance and Pardee Resources Company is formed.

1995

Offices are opened in Charleston, West Virginia to focus on expanding the Company’s Central Appalachian interests.

2010

Pardee Resources Company makes first investment in alternative energy in acquiring a solar photovoltaic array in New Jersey.

1862-84

Calvin Pardee, son of Ariovistus, manages his father’s firm and founds Pardee Brothers Company.

1882

Calvin Pardee purchases land in West Virginia for mining and timbering, and forms Pardee Land Company.

1895

Pardee Tile Works established in Perth Amboy, New Jersey

1936

Oil extraction begins on Pardee lands in Louisiana.

1979

Gulf Coast office opened to manage Company holdings and make new investments.

1993

Focused property acquisition strategy is initiated.

2008

Company acquires Colorado coal interests, the first such investment for the Company outside of the Central Appalachian region.

2013

New office is opened in Pittsburgh, Pennsylvania, with the focus of expanding oil and gas interests in the Appalachian Basin.

Place your cursor over each year to read the history of Pardee Resources.