Gas Natural Inc. Agrees to Sell its Kentucky Utility Operations

Gas Natural Inc.’s wholly owned subsidiary, Public Gas Company, signed a definitive agreement to sell all of its assets used in the operation of its Kentucky utility business to Kentucky Frontier Gas for $1.9 million in cash. The closing is subject to customary closing conditions, as well as regulatory approvals. Public Gas Company, a Kentucky corporation, annually distributes 147.4 million cubic feet within seven counties in eastern Kentucky.