Current UNT Stock Info

Unit Corp. (ticker: UNT) announced signing a Purchase and Sale Agreement to purchase 84,000 net acres and production located in the Anadarko Basin from Noble Energy, Inc. (ticker: NBL) for $617.1 million. Unit will use availability under its existing credit facilities and a new $400MM senior subordinated debt offering to complete this all-cash transaction. The western Oklahoma and Texas Panhandle properties include 84,000 net acres with 900 producing wells with associated production and reserves of 60 MMcfe/d and 264 Bcfe, respectively. The pro...


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