Whiting Petroleum buys Celero propertiesFirm to spend $802M in cash and stock to buy Celero properties in Texas, Oklahoma; deal nearly doubles Whiting’s reserves Ray Tyson Petroleum News Houston Correspondent
Denver-based exploration and production independent Whiting Petroleum is accumulating U.S. oil and gas properties faster than a hungry squirrel collects nuts for the winter.
In 2004 alone, Whiting completed six property transactions and a merger with Equity Oil, ending that year with proved reserves....
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Celero properties in Oklahoma, Texas Whiting will operate 95%
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