Minard Run Oil Company Acquires Natural Gas Assets in New York
Tags: New York
On January 3, 2013, Minard Run Oil Company (Minard Run), which is based in Bradford, Pennsylvania, announced that it has acquired more than 400 natural gas wells, 56,130 acres of oil and gas leasehold rights, and approximately 195 miles of field production pipelines and other facilities in Central New York from Chesapeake Appalachia LLC, an affiliate of Chesapeake Energy Corporation. Minard Run said that it intends to expand its operations in the Finger Lakes region by developing the newly-acquired oil and gas leasehold rights and by pursuing additional property acquisition opportunities.