S & W Oil & Gas, LLC acquired certain assets from Gryphon Production Company, LLC for $0.1 million.
July 25, 2014 at 09:30 am IST
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S & W Oil & Gas, LLC acquired assets of Gryphon Production Company, LLC from Chancellor Group Inc. for $0.1 million in cash on July 10, 2014. Under the terms of agreement, Gryphon Production Company, LLC will sell interest in certain oil and gas leases covering lands in Gray County, Texas, and all of Gryphon Production Company's property located on those lands, including four oil wells and one water disposal well.
S & W Oil & Gas, LLC completed the acquisition of assets of Gryphon Production Company, LLC from Chancellor Group Inc. on July 10, 2014.
Chancellor Group, Inc. (Chancellor) is a provider of financial planning and investment management services. The Company provides personal financial planning through its MoneyGuide Pro. MoneyGuide Pro is a financial planning technology, to formulate a strategy to reach the clientâs goals. As part of its comprehensive planning process, the Company advises the clients as their fiduciary on a range of issues, including tax planning, investment strategy, estate planning, insurance and risk management, career planning, debt management, cash flow, group benefits, charitable giving strategies, and social security and pension analysis. The Company provides investment management services through its platform. Black Diamond Wealth Platform is a technology in the industry. This mobile friendly portal integrates with MoneyGuidePro, its financial planning tool, to help us keep you informed to the clientâs investments and financial planning goals in real-time and on demand.