Whiting adds acres in D-J, 400,000 in 'stealth areas'

摘要

Whiting Petroleum Corp. (NYSE: WLL) has purchased 32,506 net acres in the Denver-Julesburg Basin. The acreage was acquired after the second quarter of this year for about $400 to $500 per net acre. About 50% of the net acres are in the core of Whiting's Red-tail Prospect and have no expiration issues, said David Tameron, senior analyst for Wells Fargo Securities, in a report.