Warren Resources Buys Marcellus Acreage/Wells from Citrus Energy

The Marcellus Shale has a new driller in town. This morning, New York City-based Warren Resources announced they have acquired essentially all of the Marcellus assets owned by Colorado-based Citrus Energy for $352.5 million. Warren immediately takes title to several working Marcellus wells currently producing 82 million cubic feet of gas per day…

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