Wapiti Oil & Gas Buys Oil and Gas Properties from Delta Petroleum for $130 Million - MarketWatch (press release)

Wapiti's purchase includes properties in the Rocky Mountains as well as the Texas Gulf Coast. The acquisition includes producing assets in the Piceance Basin, the DJ Basin and the Texas Gulf Coast. The acquisition also includes all of Delta's acreage position in Laramie County Wyoming in the Niobrara section of the DJ Basin, and Eagle Ford Shale acreage in Atascosa and McMullen Counties, Texas.

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Wapiti Oil & Gas, LLC, a newly formed affiliate of Houston based Wapiti Energy, LLC, is a privately held, growth oriented, North American exploration and production company. In conjunction with the acquisition, Wapiti added a group of strategic equity investors, including Zell Credit Opportunities Master Fund, L.P., and Mantucket Capital.

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Wapiti Oil & Gas Buys Oil and Gas Properties from Delta Petroleum for $130 Million - MarketWatch (press release)