In addition to its previously announced divestiture of nonstrategic Rockies interests, St. Mary Land & Exploration Co., Denver, (NYSE: SM) has announced several other sales in process, together totaling some $307 million.

In its second Rockies deal, St. Mary plans to sell the North Dakota portion of its mostly operated oil package to a private buyer for $137 million with an expected closing in March. This complements the Wyoming portion of the package being acquired by Midland, Texas-Legacy Reserves LP (Nasdaq: LGCY) for $130 million and expected to close in ...