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CP Exploration Operations, LLC enters into an option agreement covering significant acreage in the core area of the Spraberry Formation. - Wednesday, February 20, 2013
CP Exploration Operations, LLC enters into an option agreement associated with significant acreage in the core area of the Spraberry Formation.  The Spraberry Formation covers 2,500 square miles in 6 Texas counties. The Spraberry Formation is one of the largest in the nation for total proved reserves.  To date, the Spraberry has produced more than one billion barrels of oil.

 

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