XTO said it will operate and earn a 50% interest in the acreage by drilling four wells, the first of which it expected to spud by the end of the year.
XTO teams up with ExxonMobil
XTO Energy has signed an agreement with ExxonMobil to develop about 69,500 acres in the Piceance basin in north-west Colorado.
30 June 2005 13:14 GMT
Updated
30 June 2005 13:14 GMT
By