Infinity Natural Resources expands Pennsylvania dry gas footprint with $36-million South Bend deal
Infinity Natural Resources has acquired Chase Oil Corp.’s working interest in its South Bend field in Pennsylvania in an all-stock transaction valued at approximately $36 million, the company said.
The deal adds 18 producing wells generating about 14 MMcf/d of net natural gas production and includes three additional wells expected to be brought online in the first half of 2026. The acquired acreage underlies roughly 40 gross Marcellus locations and 38 gross Utica locations, consolidating Infinity’s position in its core dry gas development area in Armstrong and Indiana counties.
Infinity said the transaction marks its first use of equity as acquisition currency following its IPO and supports its strategy of targeted consolidation within the Appalachian basin. The acquisition has an effective date of Jan. 1, 2026.
