MFA Oil buys assets in two-state region

Columbia-based MFA Oil Co. has purchased assets in a two-state region outside Missouri.

The company bought assets from Fuels & Supplies and Jim Woods Marketing Inc. in northwest Arkansas, along with propane operations in Oklahoma for undisclosed terms.

"This is a great opportunity to expand our distribution network and increase efficiencies in Arkansas and Oklahoma," said Don Smith, MFA Oil director of mergers and acquisitions, in a statement.

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