Standard Oil Acquires Mountain Country Partners' Assets
Standard Oil Co. has bought the assets of oil and gas company Mountain Country Partners.
U.S. Bankruptcy Judge Ronald Pearson approved the sale earlier this month. Pearson's order shows the sale includes oil and gas leases for about 12,750 acres in Roane County, along with interests in about 395 oil and gas wells in Roane and Gilmer counties.
The Parkersburg News and Sentinel reports that the acquisition was for an undisclosed amount of cash.
New Haven-based Standard Oil operates more than 500 oil and gas wells, principally in the Devonian formations in West Virginia, Kentucky and Ohio.