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Sept. 16, 2011
Anschutz Files Supreme Court Lawsuit to Overturn Town of Dryden Ban on Natrual Gas Drilling
July 29, 2011
Anschutz Exploration Corporation announces sale of its remaining Williston Basin oil and gas properties
Feb. 15, 2011
Statement by the Anschutz Exploration Corporation regarding Chemung County, NY litigation
Dec. 10, 2010
Occidental Petroleum to divest Argentine assets, purchase new U.S. assets, increase dividend
Nov. 2010
Big Flats fact sheet
Nov. 3, 2010
Chesapeake Energy to purchase Appalachian Basin acreage
Oct. 5, 2010
Anschutz Exploration Corporation announces sale of its Appalachian oil and gas properties
Dec. 15, 2009
AEC supports City of Corning police association
Sept. 12, 2009
AEC contributes to community through Horseheads PBA
May 1, 2009
Chemung County deputy sheriffs receive AEC support
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Anschutz Exploration Corporation announces sale of its remaining
Williston Basin oil and gas properties
Contact: Jim Monaghan
303.378.8900
The Anschutz Exploration Corporation (AEC) announced today that it has closed the sale of its remaining operated and non operated producing properties and undeveloped acreage in the Williston Basin of Montana and North Dakota to an undisclosed Canadian oil company for $115 million. The assets consist of current oil and gas production and undeveloped acres. AEC President Bill Miller said “With this sale, AEC has now exited the Williston Basin after a successful Bakken and Mission Canyon program that began in 2004. Our continuing focus is on emerging shale oil plays in the U.S. on AEC leasehold of over one million net acres, located primarily in Texas, Montana, Colorado and New York.”
In December 2010, Anschutz sold its principal Dunn County acreage position in the Williston Basin to Oxy USA for $1,400,000,000 and sold its Appalachian Basin position in Ohio and Pennsylvania to Chesapeake Energy Corporation for $850,000,000, and retained its acreage and production in New York.
Bank of America Merrill Lynch advised AEC on these transactions.
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