Little-Discussed Infinity Natural Res. Ohio Utica’s #3 Oil Producer
In early October, Infinity Natural Resources (INR), with 90,000 acres in the Marcellus/Utica, filed an IPO with the Securities and Exchange Commission (SEC), hoping to raise $100 million (see M-U Driller Infinity Natural Resources Files for $100 Million IPO). We haven't written much about INR, a company founded in 2017 and headquartered in Morgantown, WV, simply because we haven't seen a whole lot of mentions in the media. However, here's a fascinating fact: INR is the third largest producer of oil in the Ohio Utica, behind Encino (#1) and Ascent Resources (#2).
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