Piceance Uinta

Piceance Uinta Exclusives

Caerus Picks Up Encana’s Piceance Assets In $735 Million Deal

The deal marks Encana’s exit from the northwestern Colorado basin where the company held roughly 550,000 net acres and 3,100 operated wells.

Linn Energy, Denbury Resources, CO2, Mark Ellis, Evan Lederman, Chris Kendall, Wyoming

Denbury should get needed production growth from the purchase of Salt Creek assets in Wyoming while Linn, pro forma for three asset sales announced in May, will be debt free.

Greg Goff,  Brent Smolik, Altamont, Unita, Utah, EP Energy, Tesoro, JV, drilling

The deal provides capital for EP to drill the Altamont Field and secures an oil supply for Tesoro’s refinery in Salt Lake City.