CGAS Inc. makes announcement.COLUMBUS, Ohio--(BUSINESS WIRE)--April 11, 1997--CGAS Inc. ("CGAS CGAS Coast Guard Air Station CGAS Children's Global Assessment Scale ") announced that it has entered into an agreement to acquire Stocker & Sitler Oil Co., a Newark, Ohio Newark is a city in Licking County, Ohio, United States, 33 miles (53 km) east of Columbus, at the junction of the forks of the Licking River. In 1890, 14,270 people lived in Newark, Ohio; in 1900, 18,157; in 1910, 25,404; in 1920, 27,718; and in 1940, 31,487. , oil and gas producer. The transaction involves interests in approximately 300 producing oil and gas wells and 90,000 acres of leasehold An estate, interest, in real property held under a rental agreement by which the owner gives another the right to occupy or use land for a period of time. leasehold n. rights. The purchase price was not disclosed. Jerry D. Jordan, chairman of CGAS, stated, "The Stocker & Sitler acquisition fits very well with out exploratory goals. I look forward to working with Gary Sitler, president of Stocker & Sitler, and the rest of the Stocker & Sitler staff." CGAS Inc. (formerly Clinton Gas Systems Inc.) is engaged in oil and natural gas exploration and production, primarily in Ohio. Its principal offices are located at 4770 Indianola Ave., Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. 43214. CONTACT: CGAS Inc., Columbus Jerry D. Jordan, 614/888-9588 |
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