Flat or near-flat quotes were common in the East while much of the West was racking up some sizeable losses Thursday. Mixed price moves that had been mostly higher the day before became mostly lower as the cash market weighed the potential of Tropical Storm Fay causing offshore shut-ins and prior-day futures support against light cooling load in many areas.
Racking
Articles from Racking
UPR Racking Up Property Sales to $382 Million
The Australian-owned oil and gas company, Chancellor Group, saysit has signed a letter of intent to acquire from Union PacificResources a half-interest in the Deadwood Field in East Texas for$35 million. The announcement comes on the heels of one made alittle more than a week ago by UPR that it had agreed to sell itsinterests in certain South Texas oil and gas properties to Collins& Ware Inc. for $148 million.
September 21, 1998
Futures Add to Last Week’s Losses
The Australian-owned oil and gas company, Chancellor Group, saysit has signed a letter of intent to acquire from Union PacificResources a half-interest in the Deadwood Field in East Texas for$35 million. The announcement comes on the heels of one made lastFriday by UPR that it had agreed to sell its interests in certainSouth Texas oil and gas properties to Collins & Ware Inc. for$148 million.
September 15, 1998
UPR Racking Up Property Sales
The Australian-owned oil and gas company, Chancellor Group, saysit has signed a letter of intent to acquire from Union PacificResources a half-interest in the Deadwood Field in East Texas for$35 million. The announcement comes on the heels of one made lastFriday by UPR that it had agreed to sell its interests in certainSouth Texas oil and gas properties to Collins & Ware Inc. for$148 million.
September 15, 1998
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