UIV, LLC signed an agreement to acquire the West Virginia assets from PostRock Energy Corporation (OTCPK:PSTR.Q) for $1.4 million on May 27, 2016. UIV, LLC was selected as the winning bidder. UIV, LLC has sufficient cash, available lines of credit or other sources of immediately available funds to enable it to fulfill its obligations hereunder and to make payment of all amounts to be paud by it hereunder on and after the closing date. The deal is subject to the bankruptcy court approval. Bankruptcy court approved the transaction on June 8, 2016. The transaction is expected to close no later than June 12, 2016. Stephen J. Moriarty of Fellers Snider Blankenship Bailey & Tippens acted as legal advisor for PostRock Energy Corporation.