The acquisition includes all of American Oil & Gas’ ownership in the Fetter and Krejci projects.
Bill Barrett has five rigs drilling in the Rockies in CO and UT.
Miller Energy acquires troubled Alaskan assets from Pacific Energy via a bankruptcy for $2.25 million--essentially the same assets acquired from Forest Oil in 2007 for $464MM.
If approved, the transaction is expected to close contemporaneously with Kinder Morgan Inc.'s acquisition of El Paso Corp.
Venoco Inc. revealed in an analyst presentation that it is seeking a JV partner to help develop its interest in the Monterey shale play in California, and a buyer for it interest in the Hastings complex in southeastern Texas.