In the News

New Distributing, Inc. Convenience Retail Assets Acquired

For Immediate ReleaseAustin, TXJanuary 8, 2024 VICTORIA, TX – New Distributing, Inc. and Jayen, Inc. (“New,” or the “Company”), a branded petroleum marketer, wholesale fuel supplier, and convenience retailer headquartered in Victoria, TX, announced today the successful sale of its eight convenience retail properties and operations to Saad Ali of Houston, Texas. The retail locations…

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Giant Oil Inc. Closes Acquisition of American Natural Retail PA LLC

For Immediate ReleaseAustin, TXDecember 14, 2023 PITTSBURGH, PA – Cleopatra Resources LLC announced today the sale of substantially all the convenience retail assets of its wholly owned subsidiary, American Natural Retail PA LLC (the “Company”), to Giant Oil. The transaction included 11 company-operated convenience stores, with an additional two company-operated retail locations scheduled to close…

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Sun Pacific Energy, Inc. Acquired by PacWest Energy, LLC.

For Immediate ReleaseAustin, TXDecember 7, 2023 Kennewick, WA – Sun Pacific Energy, Inc. (“Sun Pacific,” or the “Company”), a leading Pacific Northwest branded petroleum marketer and convenience retailer headquartered in Kennewick, WA, announced today the successful sale of its convenience retail, dealer wholesale, and transportation assets to PacWest Energy, LLC (“PacWest”), based in Meridian, ID….

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Leathers Enterprises, Inc. Acquired by Sierra Enterprises Oregon, Inc.

For Immediate Release Austin, TX October 12, 2023 Portland, OR – Leathers Enterprises, Inc. (“Leathers,” or the “Company”), a Shell-branded petroleum marketer and convenience retailer headquartered in Portland, OR, announced today the successful sale of its convenience retail, consignment retail, and Shell-branded distribution assets to Sierra Enterprises Oregon, Inc., an affiliate of S&S Petroleum, Inc….

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Corner Capital is excited to announce and welcome Juan Kemp

For Immediate Release Houston, TX September 5, 2023 We are pleased to announce the addition of Juan Kemp as Managing Directorto the Corner Capital Downstream Energy Team, effective September 5, 2023! Email: jkemp@cornercapitaladvisors.comDirect: (281) 235-3882Office: Houston, TX Corner Capital is excited to announce and welcome Juan Kemp to our Downstream Energy Practice at Corner Capital….

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Corner Capital Announces Capital Raise for Estepp Energy, LLC & Affiliates

For Immediate Release Austin, TX December 13, 2022 LEXINGTON, KY – Corner Capital Advisors, LLC (“Corner Capital”) announced today that it served as sole financial advisor on Estepp Energy, LLC’s, Estepp Friendly Shell, Inc.’s, and Estepp Land Paris, LLC’s (the three entities are collectively referred to as the “Company” or “Estepp & Affiliates”) debt refinancing,…

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Morgan Oil Company, Inc. Acquired by Majors Management, LLC

For Immediate Release Austin, TX November 4, 2022 NACOGDOCHES, TX – Morgan Oil Company, Inc. (“Morgan Oil”, or the “Company”), a Chevron-branded petroleum marketer, convenience retailer, and commercial fuels distributor headquartered in Nacogdoches, TX, announced today the successful sale of its convenience retail, dealer wholesale, commercial fuel supply, and Chevron branded distribution assets to Majors…

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Royce Groff Oil Company sells Retail, Wholesale and Commercial Assets to Texas Enterprises, Inc.

For Immediate Release Austin, TX April 6, 2022 CASTROVILLE, TX – Royce Groff Oil Company and Affiliates (“RGOC”), a branded petroleum marketer and convenience retailer in Medina County, TX, announced today the successful sale of its convenience retail (operating under the “Valley Mart” brand), branded distribution, and commercial fuel assets to Texas Enterprises, Inc. (“Texas…

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Laurel Oil, LLC Acquired by Clark Oil Company, Inc.

For Immediate Release Austin, TX March 31, 2022 LAUREL, MS – Laurel Oil, LLC (“Laurel Oil”) d/b/a Rapid Express, a branded petroleum marketer and convenience retailer in Jones County, MS, announced today the successful sale of its convenience retail and Shell branded distribution assets to Clark Oil Company, Inc. (“Clark Oil”) of Waynesboro, MS. Founded…

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WG JOHNSON OIL COMPANY SELLS TO COLE DISTRIBUTING COMPANY

Corsicana, TX: WG Johnson Oil Company Sells to Cole Distributing Company. W.G. Johnson Oil Company of Corsicana, Texas, has announced the successful sale of its convenience retail (Tiger Totes), Exxon and Shell branded fuel distribution, and commercial business assets to Cole Distributing Company and its affiliates of Palestine, Texas. In 2020, Johnson retained Corner Capital’s…

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Classic Star Group LP & Ziptron Energy, Inc. Acquired by Brad Hall & Associates, Inc.

FORT WORTH, TX (DFW) – Classic Star Group LP and Ziptron Energy, Inc. (“Classic”) based in the Dallas-Fort Worth area and distributors of branded and unbranded fuels and branded lubricants in Texas, Louisiana, Tennessee, Virginia, Kentucky, and Georgia announced today that they have successfully consummated the sale of their businesses to Brad Hall & Associates…

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Herndon Oil Announces Sale to Tri Star Energy

ABBEVILLE, AL – September 1st, 2021 – Herndon Oil Company announced today that it has sold its Southern Traders convenience retail chain and Shell-branded fuel distribution business to Tri Star Energy of Nashville, Tennessee. Headquartered in Abbeville, AL, Herndon Oil Company traces its roots back to the late 1950’s when two brothers, C.S. Herndon and…

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