Gary Evans, CEO of Magnum Hunter, expects the industry to see job cuts of up to 250,000.

Acquisition comes at a time when leading Bakken producers are scaling back expenses.

Risk from falling commodity prices might cause bondholders to exercise their cash options.

Heard In The Field

Bakken Resources

Company Net Acreage
Crescent Point Energy 1,000,000
DeeThree Exploration 200,000
ARC Resources 179,200
LGX Oil + Gas 167,838
All Top Acreage Holders
Company Net Acreage
Continental Resources 1,200,000
Whiting Petroleum 667,836
Hess 645,000
ConocoPhillips 626,000
All Top Acreage Holders