Houston energy firm expands holdings in Williston Basin

Formation | Bakken - Beyond the Boom


ExxonMobil Corporation just signed an agreement to sell its 62,000 acres of holdings in the Williston basin to Chord Energy Corporation for $375 million.

Zacks reported that 77% of the holdings is undeveloped. Chord Energy is headquartered in Houston and considered to be one of the leading oil and gas producers in the Williston Basin.

Click here for Zacks