What's Happening?
Infinity Natural Resources, an independent energy company, has acquired Chase Oil Corporation's working interest in the South Bend field in Pennsylvania through an all-stock transaction valued at approximately $36 million. This acquisition marks Infinity's first use of equity as consideration to advance its post-IPO expansion plan. The deal includes 18 producing wells, which delivered about 14 MMcf/d of net natural gas production in December 2025. Infinity also plans near-term development activity in the field, with three additional wells expected to begin sales in the first half of 2026. The acquisition adds long-dated drilling potential, supporting an estimated 40 additional gross Marcellus locations and 38 gross Utica locations, strengthening
Infinity's future inventory in key development zones.
Why It's Important?
This acquisition is significant as it supports Infinity's strategy of building scale in the Appalachian Basin through targeted consolidation. By using equity for the first time, Infinity is able to consolidate its core dry gas position in Pennsylvania, which is expected to contribute immediate production and EBITDA in 2026. The deal enhances Infinity's operating continuity across the South Bend field and strengthens its portfolio with high NRI leases. This strategic move aligns with Infinity's focus on disciplined growth through acquisitions that complement its existing operations, potentially leading to increased market share and financial performance in the energy sector.
What's Next?
Infinity plans to continue its expansion strategy in the Appalachian Basin, focusing on integrating the newly acquired assets and optimizing production. The company is likely to proceed with the development of additional wells in the South Bend field, aiming to enhance its production capacity and financial returns. Stakeholders, including investors and local communities, may anticipate further announcements regarding Infinity's development plans and potential impacts on regional employment and economic activity. The company's ongoing efforts to consolidate and expand its operations could also attract attention from industry analysts and competitors.
