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Newfield Ups Ante In Uinta Basin With Two Deals
March 22, 2011
Newfield Exploration Co., Houston, (NYSE: NFX) plans to acquire all of Houston-based Harvest Natural Resources Inc.'s (NYSE: HNR) oil and gas assets in Utah's Uinta Basin, along with additional assets in the basin from an undisclosed seller, for a total deal value of $308 million.
The $205-million divestiture by Harvest is part of the company's ongoing ...
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