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United Energy Corporation acquires Alkane assets for $31 million

Mon, 01 Jun 2026 07:01:11 -0400

United Energy Corporation (OTC: UNRG) announced the acquisition of Alkane Modus Vis Inc and assets from Alkane Midstream for approximately $31 million. The transaction includes cash, assumed debt, seller financing, and equity consideration with an effective date of April 30, 2026.

The acquisition includes a 100,000 gallons per day LNG production facility in Seminole, Texas, along with LNG infrastructure, distributed power generation assets, logistics equipment, and operating contracts. The combined operations span Arizona, Kansas, Montana, Nevada, North Dakota, Oklahoma, and Texas.

United Energy expects annualized 2026 revenues of $15 million to $20 million from the combined platform, with targeted EBITDA margins near

United Energy Corporation acquires Alkane assets for $31 million

Mon, 01 Jun 2026 07:01:11 -0400

United Energy expects annualized 2026 revenues of $15 million to $20 million from the combined platform, with targeted EBITDA margins near

United Energy Corporation acquires Alkane assets for $31 million

Mon, 01 Jun 2026 07:01:11 -0400

United Energy expects annualized 2026 revenues of $15 million to $20 million from the combined platform, with targeted EBITDA margins near

United Energy Corporation (OTC: UNRG) Acquires Alkane in $31 Million Strategic Transaction

Mon, 01 Jun 2026 07:00:00 -0400

PLANO, Texas--(BUSINESS WIRE)-- United Energy Corporation (“United” or the “Company”) today announced the acquisition of Alkane Modus Vis Inc and subsequent purchase of assets from Alkane Midstream (collectively, the “Alkane Acquisition”) in a transaction valued at approximately $31 million, consisting of cash, assumed debt, seller financing, and equity consideration. The transaction carries an effective date of April 30, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260526200414/en/

United Energy Corporation (“United” or the “Company”) today announced the acquisition of Alkane Modus Vis
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<h1>United Energy Corporation (OTC: UNRG) Acquires Alkane in $31 Million Strategic Transaction</h1>
<p>Mon, 01 Jun 2026 07:00:00 -0400</p>
<p> PLANO, Texas--(BUSINESS WIRE)--
United Energy Corporation (“United” or the “Company”) today announced the acquisition of Alkane Modus Vis Inc and subsequent purchase of assets from Alkane Midstream (collectively, the “Alkane Acquisition”) in a transaction valued at approximately $31 million, consisting of cash, assumed debt, seller financing, and equity consideration. The transaction carries an effective date of April 30, 2026.

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This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260526200414/en/