Struggling Miller Energy closes on SavantTennessee-based firm reports disappointing Alaska wells, will focus on safer targets with immediate production, cash flow potential Wesley Loy For Petroleum News
Miller Energy Resources Inc. announced Dec. 12 it had closed its acquisition of Savant Alaska LLC, giving Miller control of the small Badami oil field on Alaska’s North Slope.
The deal, however, is one of the few bright spots for Miller, which lately has struggled in the field and on Wall Street.
In....
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Badami takeover Drilling refocus Stock swoon
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