Infinity Natural Resources expands Appalachian basin asset interests
Infinity Natural Resources Inc. has acquired Chase Oil Corp.’s working interest in Infinity’s South Bend field in Pennsylvania in a deal valued at about $36 million.
The all-stock Appalachian basin transaction, which follows Infinity's pending $1.2-billion Antero Ohio transaction announced in December 2025, allows the company to consolidate its dry gas field position in Armstrong and Indiana Counties, the company said in a release Jan. 20.
Infinity Natural Resources remains focused “on accretive growth through targeted acquisitions that complement our existing operations,” said Zack Arnold, president and chief executive officer.
The bolt-on acquisition—1,613 net Marcellus acres and 1,613 net Utica acres—includes interest in 18 producing wells generating about 14 MMcfd of net natural gas production for the month of December 2025, with three additional wells in progress expected to be turned into sales in first-half 2026. The deal provides access to future development inventory of 40 additional gross Marcellus locations and 38 gross Utica locations.