Worthington completes acquisition of ADR's Oil and Gas assets (Scandinavian Oil-Gas Magazine)

Worthington completes acquisition of ADR's Oil and Gas assets

Published Apr 24, 2014

Worthington Energy, Inc. has completed the acquisition of the oil and gas assets of American Dynamic Resources, Inc. (ADR) and the Heavy Oil Technology and Intellectual Property from ADR President and CEO, Mr. Charles Adams.

As originally reported on March 12, 2014, Worthington has acquired the assets of ADR consisting of multiple leases in Montgomery, Labette and Wilson Counties in Kansas. The combined leases contain 140 oil wells and 17 gas wells within 3,527 acres, including documented reserves of 1,163,618 barrels of oil and 9.8 BCF of gas.

Tags: Worthington Energy

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