Richfield Oil & Gas Co. has acquired the Wasatch National Forest Well #16-15 from Frontier Energy LLC for US $610,000 which includes a 640 acre mineral lease in Uinta County, Wyo., effective Dec. 1.
The purchase represents a 100% working interest in a mineral lease in the Graham Reservoir oil field in Uinta County. This field is located on a southern extension of the Moxa Arch and is immediately adjacent to four other oil fields that have previously produced oil from both the Dakota and Frontier formations.
According to the ...