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Oxy USA takes position in Central Utah thrust play
10/22/2007
The Central Utah thrust belt oil and gas play may have a new exploration proponent with deep pockets.Wolverine Gas & Oil Corp., Grand Rapids, Mich., and its numerous partners in the 2004 Covenant oil and gas field discovery in central Utah have assigned major interests in the hingeline area to Oxy USA Inc., Houston, an affiliate of Occidental Petroleum Corp., Los Angeles.A 700-page document filed at Richfield in Sevier County, Utah, indicates that Wolverine and more than two dozen partners assigned to Oxy USA various working interests in Covenant field, four exploration prospects, the Wolverine Unit Area in Sanpete and Sevier counties, and land known as the Arapien Basin Area of Inter...
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