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WLON
Wilon Resources is a publicly traded company focusing on the exploration and production of natural gas in the Appalachian Basin region. The Company currently operates approximately 60 producing wells with plans to aggressively expand the number of wells over the next few years. The Company owns 12,000 acres of mineral leases within the Basin region concentrated along the Kentucky-West Virginia border. The Company plans to expand these lease-holds within certain targeted geographic areas.
The Company sells the natural gas it produces to gas transmission companies, industrial end-users and utilities under contracts with terms ranging from one month to three years. As customary in the industry, virtually all of the Company
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