Great Western Oil & Gas Co. announced Jan. 28 it purchased 14 producing wells and 816 net leasehold acres in Wattenberg Field from an undisclosed seller. The price was not disclosed.
The company is an affiliate of The Broe Group with active operations in the Denver-Julesburg Basin in Colorado.
The tracts are adjacent to existing Great Western land in Weld County and bolster the company’s position among the top 10 oil and gas producers in Colorado, where the company continues to look for additional acquisitions of wells, acreage and nonconsenting working interests.
The purchase closed Jan. 16.
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