Sharp Energy Purchases Assets of R.F. Ohl Fuel Oil In Pennsylvania
Chesapeake Utilities Corp. (Dover, Del.) announced in Dec. 2018 that its propane subsidiary, Sharp Energy Inc. (Georgetown, Del.) has purchased the propane operating assets of R.F. Ohl Fuel Oil Inc., which is based in Lehighton, Pennsylvania. R.F. Ohl is a family-owned and -operated company founded in 1984. It has been providing propane service to more than 2500 residential and commercial customers in Carbon, Monroe, Northampton, Lehigh, and Schuylkill counties in Pennsylvania since 2003. Sharp Energy starting providing propane service in Pennsylvania that same year and now serves more than 6000 customers throughout the state. “We are excited to further expand our propane footprint throughout the Pennsylvania region and to continue our longstanding track record in meeting the energy needs of our customers,” said Bob Zola,…
Chesapeake Utilities Corp. (Dover, Del.) announced in Dec. 2018 that its propane subsidiary, Sharp Energy Inc. (Georgetown, Del.) has purchased the propane operating assets of R.F. Ohl Fuel Oil Inc., which is based in Lehighton, Pennsylvania.
R.F. Ohl is a family-owned and -operated company founded in 1984. It has been providing propane service to more than 2500 residential and commercial customers in Carbon, Monroe, Northampton, Lehigh, and Schuylkill counties in Pennsylvania since 2003. Sharp Energy starting providing propane service in Pennsylvania that same year and now serves more than 6000 customers throughout the state.
“We are excited to further expand our propane footprint throughout the Pennsylvania region and to continue our longstanding track record in meeting the energy needs of our customers,” said Bob Zola, president of Sharp Energy. “This acquisition is a strategic fit for our family of businesses and will extend Sharp Energy’s reach to new customers, communities, and businesses in Pennsylvania,” added Michael P. McMasters, president and CEO of Chesapeake Utilities Corp. “We look forward to expanding our service in this community and continuing to deliver safe, reliable, and affordable propane service throughout the region.”
Sharp Energy distributes propane to about 39,000 residential, commercial, and industrial customers in Maryland, Delaware, Virginia, and Pennsylvania and operates four rail facilities and more than 3 MMgal. of propane storage. The company is a partner in Alliance AutoGas, a national network of companies that have joined to deliver a comprehensive alternative fueling solution that includes Environmental Protection Agency-certified autogas vehicle conversions, onsite fueling infrastructure, fuel supply, safety and operational training, and ongoing technical support.
(SOURCE:
The Weekly Propane Newsletter, December 31, 2018)
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