One-Page Deal Sheet
Richfield Acquires 100% W.I. in Uinta Prospect
Richfield Oil & Gas Company Not Disclosed
Announced Date
January 09,2013
Effective Date
December 01,2012
Close Date
January 09,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
1
Transaction Details: Subscribe to see
Richfield Oil & Gas Company has acquired effective December 1, 2012, the Wasatch National Forest Well #16-15 from Frontier Energy, L.L.C. for $610,000 which includes a 640 acre mineral lease in Uinta County, Wyoming.
The purchase represents a 100% working interest in a mineral lease in the Graham Reservoir oil field in Uinta County, Wyoming, approximately 120 miles northeast of Salt Lake City, Utah. This field is located on a southern extension of the Moxa Arch and is immediately adjacent to four other oil fields that have previously produced oil from both the Dakota and Frontier Formations…
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