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Whiting Drops Permian Acreage for Niobrara Development

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   |    Thursday,July 03,2014

In its June 2014 investor presentation, Whiting Petroleum Corp. reported that the company has sold the remaining Big Tex acreage: 37,000 net acres for $76 million.

In October of last year, the company announced the sale of 32,183 net acres for $150 million. Click here to see deal.

According to Whiting, the price difference is due to the remaining acreage being undeveloped.

Asset Overview (Before Sale)

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