Questar Spends $106M To Bump Up Stake In Wyo. Gas Area

Law360, New York (July 30, 2013, 1:53 PM EDT) -- Wexpro Co., a subsidiary of Questar Corp., has inked a deal to bolster its interests in a Wyoming natural gas area for $106.4 million, right on the heels of finalizing a production agreement with local gas regulators, according to a Monday announcement.

Per the deal, Wexpro will up its current 46 percent interest in the Trail Unit of Wyoming's Vermillion Basin to 88 percent, adding 118 billion cubic feet equivalent of proved reserves to its stable, according to a statement. The transaction is expected to close...
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