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Definition of 'Net Acres'
The amount of leased real estate that a petroleum and/or natural gas company has a true working interest in. Net acres express actual percentage interest, when a company shares its working interest with another company; the total acreage under lease by a company is referred to as gross acres. Net acres account for the company's percentage interest, multiplied by the gross acreage. If a company holds the entire working interest, its net acreage and gross acreage will be the same.
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Investopedia explains 'Net Acres'
The number of net acres a company has invested in, tells investors something about the company's size, market position and current activity, but it does not tell the whole story. What is the company doing with that acreage? Is it drilling wells, and at what pace? How many barrels of oil is the area producing, and how many is it expected to produce? The larger the company, the more net acres it will have.
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Search results for 'Net Acres'
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http://stocks.investopedia.com/stock-analysis/2010/EOG-Shifts-Toward-Oil-Development--EOG0413.aspx
... area. EOG Resources has 330,000 net acres in North Dakota where it is
targeting the Bakken and Three Forks formations. Potential ...
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http://stocks.investopedia.com/stock-analysis/2011/EXCO-Resources-To-Stay-Public-After-All-XCO-RRC-KWK-HK0714.aspx
... Shale EXCO Resources has 152,000 net acres under lease in Louisiana and Texas, with
approximately 76,000 net acres prospective for the Haynesville Shale. ...
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http://stocks.investopedia.com/stock-analysis/2011/Industry-Moving-Quickly-On-Mississippian-Resource-Play-SD-RRC-PQ-UNT-DVN1116.aspx
... The Players One company making a huge bet, here, is SandRidge Energy (NYSE:SD),
which has 800,000 net acres under lease prospective for this resource play. ...
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http://stocks.investopedia.com/stock-analysis/2011/Massive-Bakken-Push-In-2011-HES0131.aspx
... active in the Williston Basin. This deal closed in December, adding 85,000
net acres to its holdings. Also in December 2010, Hess ...
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http://stocks.investopedia.com/stock-analysis/2010/Denbury-Resources-Builds-Presence-In-Williston-Basin-DNR1210.aspx
... Summary Denbury Resources has 275,000 net acres under lease that is
prospective for the Bakken formation. This leasehold is split ...
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http://stocks.investopedia.com/stock-analysis/2011/PDC-Energy-Looking-To-Grow-In-2011-PDC0321.aspx
... Niobrara Shale PDC Energy has 74,100 net acres under lease in the Denver Julesburg
Basin in Colorado, with much of this acreage in the Wattenberg Field. ...
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http://stocks.investopedia.com/stock-analysis/2010/Niobrara-Formation-Gaining-Momentum-EOG-CHK-MDU-SM-CRZO0518.aspx
... recent analyst meeting. EOG Resources has 400,000 net acres in the play,
but hasn't disclosed any further details on its activities. ...
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http://stocks.investopedia.com/stock-analysis/2010/Dec-Comstock-Resources-Continues-Haynesville-Development-In-2010-CRK1222.aspx
... Haynesville Shale Comstock Resources has 78,000 net acres in Texas and
Louisiana that are prospective for the Haynesville Shale. ...
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http://stocks.investopedia.com/stock-analysis/2010/Three-Major-Bakken-Plays--HES-CLR-WMB-KOG-AEZ1125.aspx
... Bakken. The company announced the purchase of 167,000 net acres in North
Dakota for $1.05 billion, or $6,287 per acre. The acreage ...
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http://stocks.investopedia.com/stock-analysis/2009/EXCO-Developing-Two-Shale-Plays-XCO-GDP-FST-SM0929.aspx
... Haynesville Shale EXCO Resources' most promising assets are in the East Texas/North
Louisiana area, where it has 168,000 net acres under lease. ...
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