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Richfield Acquires Additional Areage In Utah

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July 19, 2013

Richfield Oil & Gas Co. (OTCBB: ROIL) acquired 4,800 net acres of oil and gas leaseholds in central Utah.

The acquisition further strengthens the company’s exploratory land position in its high impact Overthrust and Independence projects. Since March 15, the company has increased its net land position by 32% in the Central Utah Overthrust Project from 10,562 acres to 15,375 acres.

The company owns an 89.5% working interest in the deeper Jurassic Navajo and Mississippian objectives and a 44.25% working interest in the shallow Cretaceous zones in 11,500 net acres ...

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