A subsidiary of Rice Energy Inc. has purchased the oil and natural gas assets held by Lola Energy LLC in a series of transactions recently finalized in three northern West Virginia counties and another in southwest Pennsylvania, according to NGI Shale Daily. The news site reports that Lola Energy, formed in 2015, had built a nearly 20,000-acre position through leasing and mineral rights agreements in Pennsylvania and West Virginia. A subscription is required to read the full story.

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