MFA Oil makes third acquisition of fiscal year

MFA Oil Co. acquired R&S Propane Inc., a propane supplier based in Dibble, Okla.

According to the company, the acquisition strengthens MFA Oil’s position in central Oklahoma. Mark Fenner, MFA Oil president and CEO, says this purchase gives the company entry into the Norman, Okla., and Oklahoma City markets.

R&S Propane is MFA Oil’s third acquisition of the fiscal year, which began Sept. 1, 2015. Previous acquisitions for the year include Lybarger Oil Inc. in Garnett, Kan., and Elaine Petroleum Distribution in Elaine, Ark.