Headquartered outside of Pittsburgh, Pennsylvania, Lola was founded by former members of the management team at Appalachian-focused EQT.
Chief executive Jim Crockard previously served as EQT's corporate treasurer, as well as senior vice president of business development and land.
"I am ecstatic that we have assembled together a group of highly talented oil and gas professionals who have the deep experience in the Appalachian Basin required to pursue horizontal shale development opportunities in our own backyard,” Crockard said.
