Infinity Natural Resources Acquires Chase Oil Working Interest in Pennsylvania for $36 Million

Reuters
01/21
<a href="https://laohu8.com/S/INR">Infinity Natural Resources</a> Acquires Chase Oil Working Interest in Pennsylvania for $36 Million

Infinity Natural Resources Inc. is acquiring Chase Oil Corporation's working interest in the South Bend field in Pennsylvania in an all-stock deal valued at approximately $36 million. The transaction, effective January 1, 2026, will add 1,613 net acres each in the Marcellus and Utica shales, consolidating Infinity's position in its core dry gas development area in Armstrong and Indiana Counties. According to the company, the acquisition is expected to provide immediate production and EBITDA benefits beginning in 2026 and is anticipated to be accretive through 2027. This marks Infinity’s first use of equity as currency for a transaction since its IPO, in line with its strategy of targeted growth in the Appalachian Basin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Infinity Natural Resources Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260120984715) on January 20, 2026, and is solely responsible for the information contained therein.

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