Regal Resources Acquires More Than 300 Oil Wells In New York's Bradford Field

To acquire more than 320 oil wells in Bradford Field, N.Y.

Regal Resources Inc., Muskogee, Okla., (Pink Sheets: RSOU) plans to acquire more than 320 oil wells in western New York's Allegany Valley from an unnamed buyer for an undisclosed cost.

The acquisition comprises 1,900 acres within Bradford Field, the first major commercial oil production field in the world.