By OGJ editors
HOUSTON, Dec. 18 – Legacy Reserves LP has agreed to buy working interests in 13 operated oil fields in the Big Horn and Wind River basins of Wyoming from St. Mary Land & Exploration Co. for $130 million cash.
The fields produce 1,478 boe/d of oil and gas, 90% oil. Proved reserves are estimated at 8.8 million boe, 90% proved developed producing.
Legacy, Midland, Tex., said some of the fields have potential for tertiary recovery.