Middle Ground Shoal leases signed over to Cross TimbersCompany will escrow money for estimated $31 million removal cost, provide annually renewed $3 million suretyship bond Kristen Nelson PNA News Editor
In December, Cross Timbers Oil Co. got state approval for transfer of the two Cook Inlet leases it purchased from Shell Western E&P Inc. Sept. 30, 1998. The state approved the transfer after Cross Timbers agreed to provide the Department of Natural Resources with a suretyship bond and to establish a....
[additional news subjects in this story]
Annual bond required Cross Timbers began operating properties in 1998 Company looks at productive history
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