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Land Resources / News / Colorado

Ultra Petroleum closes on $20M Colorado acreage

Source: Houston Business Journal, by Cathy Proctor
October 12, 2011
Ultra Petroleum Corp. has completed its $20 million purchase of 18,000 undeveloped acres of the Banning Lewis Ranch on the east side of Colorado Springs, and has begun plans to drill in unincorporated El Paso County.

The Houston-based energy company (NYSE: UPL) closed on the purchase of the ranch on Tuesday, spokeswoman Kelly Whitley said Wednesday.

Read the complete article from Houston Business Journal »

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