Warren Resources, Inc.

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Last vote:
  • Jul. 7, 2014, 7:35 AM
    • Warren Resources (WRES) agrees to acquire essentially all of the Marcellus assets of Citrus Energy Corp. and two working interest owners for $352.5M.
    • WRES says the deal gives it a new platform in the Marcellus Shale, adds a new core area to its existing California oil and Wyoming natural gas assets, and will generate substantial cash flow to fund future drilling and completion expenses in the Marcellus.
    | Jul. 7, 2014, 7:35 AM
Company Description
Warren Resources Inc is engaged in the exploration, development & production of domestic onshore crude oil & gas reserves. It develops the waterflood oil recovery properties in the Wilmington field within the Los Angeles Basin of California.