DALLAS, TEXAS : StockGuru announces that Synergy Resources Corp. (OTCBB: SYRG) is in the StockGuru Spotlight. Synergy Resources Corporation is a domestic oil and natural gas exploration and production company. Synergy’s core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. The Wattenberg field in the D-J Basin ranks as the 7th largest field in the U.S. in terms of proved gas reserves and 9th in production. Synergy continues to increase its acreage position in the Denver – Julesburg Basin with 122,833 gross acres and 113,021 net acres under lease.
On Monday, the company put out news announcing that it has closed on outstanding letters of intent to acquire 80,558 gross lease acres (78,738 net) in the Denver-Julesburg Basin. All leases are a 10 year paid up term. The lease acreage all lies within the Eastern portion of the D-J Basin Niobrara play.
Shares for Synergy Resources Corp. (OTCBB: SYRG) were up during the afternoon of trading on Monday and closed up eighty five cents at closing.
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