MFA Oil Company Acquires Northeast Arkansas Propane Supplier

COLUMBIA, Mo. (January 3, 2017) – MFA Oil Company, the seventh largest propane retailer in the United States, announced it has acquired the propane operations of Keiser Oil & LP Gas Co., an independent propane retailer based in Keiser, Arkansas.

“We continue to build on our presence in northeast Arkansas and this acquisition will strengthen our position in the region,” says Jon Ihler, MFA Oil vice president of sales and marketing. “We plan to maintain the bulk propane plant in Keiser and integrate Keiser’s propane business into our existing operations in the area.”

Kesier Oil and LP Gas Co. has serviced the energy needs of local residents for more than 50 years.

This is second acquisition MFA Oil has made in the company’s 2017 fiscal year, which began September 1, 2016. MFA Oil previously acquired Ozark County LP Gas Company, Inc., with locations in Gainesville, Mo. and Mountain Home, Ark. The company will continue evaluating acquisition opportunities in its existing market area and new territories.

About MFA Oil Company:

MFA Oil Company, formed in 1929, is a farmer-owned cooperative with more than 40,000 members. MFA Oil is the seventh largest propane retailer in the United States. The company supplies fuels, lubricants and propane to customers in Missouri, Arkansas, Colorado, Georgia, Indiana, Iowa, Kansas, Kentucky, Nebraska, Oklahoma, Tennessee, Utah and Wyoming. Through a subsidiary, MFA Oil operates Break Time convenience stores in Missouri and Arkansas, Jiffy Lube franchises in central Missouri and Big O Tires franchises in Arkansas, Missouri and Oklahoma.