Agreement signedPublished 12 Sep 2023

TRULEUM, INC. /
NJW Oklahoma Acquisitions Company, Inc.

TRULEUM agrees to purchase Oklahoma oil and gas interests from NJW

Buy side: TRULEUM, INC.
Buy sideTRULEUM, INC.
Target: NJW Oklahoma Acquisitions Company, Inc.
TargetNJW Oklahoma Acquisitions Company, Inc.
Source · 12 Sep 2023
Buy side: TRULEUM, INC.
Buy sideTRULEUM, INC.
Target: NJW Oklahoma Acquisitions Company, Inc.
TargetNJW Oklahoma Acquisitions Company, Inc.
01 / BuyerTRULEUM, INC.
02 / TargetNJW Oklahoma Acquisitions Company, Inc.
01

What happened

TRULEUM, INC. entered into a Purchase and Sale Agreement with NJW Oklahoma Acquisitions Company, Inc. for oil and gas leases and related assets in four Oklahoma counties. The assets include producing and non-producing wells and related equipment.

The purchase price is $6,500,000, with an additional approximately $100,000 for required bonds. The closing remains subject to customary conditions, including financing availability.

02

The source

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01
Source · Original source

TRULEUM agrees to purchase Oklahoma oil and gas interests from NJW

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03

Timeline

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