Oil & Gas Acquisitions in Pennsylvania

Infinity Natural Resources (NYSE: INR) acquired Chase Oil Corporation's working interest in the South Bend field in Pennsylvania in an all-stock transaction valued at approximately $36 million, effective January 1, 2026. The deal adds roughly 18 producing wells (~14 MMcf/d net) and strategic Marcellus/Utica acreage, providing immediate production uplift and near-term development opportunities.

LOLA Energy III, LLC acquired 100% of the equity of an exploration and production company with operations in Butler County, Pennsylvania and immediately rebranded it as LOLA Energy PetroCo, LLC. The acquired assets include ~22,000 net mineral acres in the Marcellus/Burkett window, 48 producing horizontal wells (approx. 85 MMcfe/day), 18 drilled-but-uncompleted wells, planned wells, and an extensive water infrastructure; LOLA Energy will operate the business.