XTO acquisitions near $800M for yearDeal-minded independent shells out $340 million for ExxonMobil properties in Permian and Powder River basins Ray Tyson Petroleum News Houston Correspondent
Exploration and production independent XTO Energy, barely four months into the year, has exceeded its initial 2004 acquisition budget with the purchase of ExxonMobil properties in the Permian Basin of West Texas and Powder River Basin of Wyoming.
Two weeks ago XTO told industry analysts that it was....
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Initial addition of 6,600 boe per day
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