Another good move - buying up a distressed oiler next door, who woulda believed!
They get
Acreage
infrastructure
existing generating wells
majority of deal financed by insto's
and offer an enticing prospect to shareholders
This de-risks the play from a last spin of the dice on 3 wells to a developing junior O&G company.
GLTA
Wazz
Ann: AKK expands asset base in Colorado with acquisition of adjac, page-3
Add to My Watchlist
What is My Watchlist?