Red Fork Resources, LLC entered into a purchase and exchange agreement to acquire 13.75% working interest in the Mountain View Project in Kern County, California from Petro River Oil Corp. (OTCPK:PTRC) on February 14, 2018. Petro River Oil Corporation assigned 100% of its 13.75% working interest in the Mountain View Project in Kern County, California for the 64.70% of Red Fork Resources, LLC 85% working interest in Kay County, Oklahoma, resulting in Petro River Oil Corporation owning a 55% working interest in Kay County. Each of Red Fork and Petro River will retain a 2% overriding royalty on their respective assigned projects. The transaction is expected to close on or before March 1, 2018. Red Fork Resources, LLC cancelled the acquisition of 13.75% working interest in the Mountain View Project in Kern County, California from Petro River Oil Corp. (OTCPK:PTRC) on February 14, 2019.