Newfield enters Rockies with $575M Inland acquisitionIndependent acquires 110,000 acres at Monument Butte field in Utah, where no major or well-financed independent has worked and where Newfield plans to invest $80M per year Ray Tyson Petroleum News Houston Correspondent
Houston-based Newfield Exploration, rounding out its years-long effort to become a more diversified exploration and production company, is entering the Rocky Mountains with a bang.
Newfield is stepping into the region with a negotiated deal to acquire private Inland Resources and its vast 110,000-ac....
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Only 1.5 percent recovered Company believes higher oil prices here to stay Newfield will invest $80 million a year Big Gulf gas wells decline quickly
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