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Encore Buys Oil-producing Land In Williston Basin

Stock quotes in this article: ENP  

FORT WORTH, Texas (AP) — Encore Energy Partners LP says it will purchase natural gas-producing land in Texas, and oil- and gas-producing land in Montana and North Dakota for a total of $53.8 million.

Encore plans to purchase natural gas-producing properties in the Vinegarone Field in Val Verde County, Texas for $28 million in cash; and properties in the Williston Basin of Montana and North Dakota for $25.8 million.

The company said Monday the Williston Basin properties produce from 13 fields in Montana and North Dakota and include over 100 producing wells. ...

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