Allied Resources Inc., based in Salt Lake City, said Thursday it has purchased a 3.73 percent working interest and a 2.68 percent net revenue interest in an oil and gas well in Texas from Benchmark Oil and Gas Co.
Financial terms were not effective. The acquisition is effective Oct. 1. The well is operated by Magnum Producing LP, based in Texas.
Allied is an independent oil and natural gas producer involved in the exploration, development, production and sale of oil and gas derived from properties located in West Virginia and Texas.