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Energy Services of America Announces Acquisition

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HUNTINGTON, W.Va., Dec. 16, 2020 /PRNewswire/ Energy Services of America Corporation (the Company or Energy Services ) (OTC QB: ESOA) formed a newly wholly owned subsidiary, West Virginia Pipeline Acquisition Company ( West Virginia Pipeline ), a West Virginia corporation, which has entered into an Asset Purchase Agreement with WV Pipeline, Inc. WV Pipeline , a West Virginia corporation located in Princeton, West Virginia to acquire substantially all of the assets of WV Pipeline for $3.5 million in cash and a $3.0 million seller note. The Company expects the transaction will close on December 31, 2020. David Bolton and Daniel Bolton will continue their roles as President and Vice President, respectively, of Energy Services new subsidiary. ....

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