LOLA Energy Acquires Pennsylvania E&P Company in Butler County
Transaction Type
Sellers
Buyers
Basin
Appalachian Basin; Marcellus Shale
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Acquired 100% of equity membership interests of an E&P company with operations in Butler County, PA, rebranded as LOLA Energy PetroCo LLC; roughly 22,000 net mineral acres of oil and gas leases in the NGL-rich window of the Marcellus and Burkett shale within the Appalachian Basin.