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Newly Minted Florida Petroleum Buys Evans Oil

2015-09-20 15:32:31| Oil & Gas - Topix.net

A newly formed petroleum company plans to keep Evans Oil's 70 employees in southwestern Florida after it finalizes the purchase of the Naples company's assets, reported The News-Press . Florida Petroleum's $15.75 million bid beat the $15.55 million bid from Great Lakes Petroleum, Charlotte, N.C. Both companies offered to assume more than $4 million in financial obligations for Evans Oil, which last year filed for Chapter 11 bankruptcy protection.

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