Showing posts with label Newfield Exploration. Show all posts
Showing posts with label Newfield Exploration. Show all posts

Tuesday, March 22, 2011

Newfield Exploration acquires new assets in Uinta Basin

Newfield announced yesterday that they have signed two separate purchase agreements for a total of 70,000 net acres in the Uinta Basin.  The mostly undeveloped acreage will border Newfields current acreage -Monument Butte.  The transaction is expected to be finished in the second quarter 2011.  A full report from Energy Pedia along with a map of the area can be found at the following link:
US: Newfield Exploration acquires Uinta Basin assets from Harvest Natural Resources