Teton Energy Announces Drilling Agreement with Noble Energy, Inc. in the Eastern Denver-Julesburg Basin.

PR Newswire | January 4, 2006 | Copyright

DENVER, Jan. 4 /PRNewswire-FirstCall/ -- Teton Energy Corporation , an independent oil and natural gas producer focused on the acquisition, exploration and development of North American properties, today announced that it has signed a definitive agreement with Noble Energy, Inc. to develop Teton's acreage in the Eastern Denver-Julesburg Basin (DJ Basin). The transaction is expected to close by the end of January.

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The terms of the agreement call for Noble Energy to pay Teton $300,000, in ...

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