Soligen Technologies, Inc. (OTCPK:SGTN) entered into asset purchase agreement to acquire 13 previously producing crude wells through the State of Kentucky from US Natural Gas Corp KY for $0.14 million on May 10, 2018. Under the transaction, Soligen Technologies will pay $0.14 million for the assets and also assigned US Natural Gas Corp KY a royalty for payment out of production, whereby US Natural Gas Corp KY shall receive 30% of the gross proceeds of production from the acquired assets. In addition, US Natural Gas Corp KY shall receive 10% of the monthly gross proceeds of production from any new drilled wells on the acquired leases. US Natural Gas Corp KY shall receive payments from production until such time that US Natural Gas Corp KY has received a total of $0.14 million. Soligen Technologies, Inc. (OTCPK:SGTN) completed the acquisition of 13 previously producing crude wells through the State of Kentucky from US Natural Gas Corp KY on May 10, 2018.