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Stranded Oil Resources Buys Historic Teapot Dome Oilfield

Transaction Type
E&P
Sellers
U.S. Department of Energy
Buyers
Stranded Oil Resources Corp.
Announce Date
Fri, 01/30/2015 - 12:00 PM
Post Date
Feb 3, 2015
Close Date
Fri, 01/30/2015 - 12:00 PM
Estimated Price
45MM
Description

Purchased the NPR-3, known as the Teapot Dome Oilfield, in the Powder River Basin; includes 300 MMbbl of oil in place.

Stranded Oil Resources Buys Historic Teapot Dome Oilfield

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