How about some oil and gas love for the Powder River Basin?

After all, this stacked pay tight formation province was perennially branded as the last shale play standing. E&Ps have placed 2.6 million acres under lease split almost evenly between private and public companies. The largest privately held position—and the largest overall—is Anschutz Exploration Corp. with 460,000 acres straddling the Campbell/Johnson county line in Wyoming. Occidental Petroleum Corp. meanwhile picked up 445,000 acres via the Anadarko Petroleum Corp. acquisition.

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