Alliance Petroleum Corporation completed the acquisition of 4,000 conventional Upper Devonian wells in Western Pennsylvania.
Alliance Petroleum Corporation (“Alliance”) has announced the acquisition of an interest in over 3,500 conventional Upper Devonian wells located in West Virginia and Pennsylvania. This acquisition supports the growth strategy of Alliance in their effort to increase their presence in the Appalachian Basin.
Alliance was assisted in this transaction by the law firm of Goodwin & Goodwin, LLP, of Charleston, West Virginia, James Knobloch Petroleum Consultants, Inc., of Marietta, Ohio and financing was provided by F&M Bank of Tulsa, Oklahoma.
Lake Fork Resources Acquisition Corporation (“Lake Fork Resources”) has acquired the stock of Alliance Petroleum Corporation (“Alliance”). Alliance is an independent oil and gas company headquartered in Canton, OH, and will operate as a subsidiary of Lake Fork Resources, LLC. Alliance owns interest in 1,484 wells, and operates 800 wells in Ohio, Pennsylvania and West Virginia.
APC announces the acquisition of 4,000 conventional Upper Devonian properties.