Teton Energy Corporation is a company focusing on the acquisition, exploration, and development of oil and natural gas in North America. Headquartered in Denver, Colorado, the company’s goals are to expand its natural gas and oil reserves, production, and revenues. They seek to do this via the acquisition and development of high-repeatability oil and gas acreage. They also desire to acquire operated properties, to control capital spending, and to pursue strategic acquisitions that expand or complement their existing operations.

Teton Energy Corporation trades on the American Stock Exchange (AMEX). They have significant operations in the Rocky Mountain area of the United States. The company has leasehold interests in the Eastern Denver-Julesburg Basin in Nebraska, the Piceance Basin in Western Colorado, the Williston Basin in North Dakota and the Big Horn Basin in Wyoming.

The Eastern Denver Julesburg Basin is currently non-operated and comprises 266,000 gross acres. The company has a

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I don't see why all the hoopla - it seems like a relatively minor purchase at $600M but the market is loving it, pushing Cabot Oil & Gas (COG) up nearly 9%.Cabot Oil & Gas Corp (COG) said on Wednesday it has agreed to pay $602.8 million for producing properties, leasehold acreage and a gathering infrastructure from a private party in East Texas. The acquired acreage lies near Cabot Oil's existing property and will enhance its development of the Pettet, Travis Peak and Cotton Valley formations, the company said. The tract includes 25,000 gross acres in the Minden area of East Texas. The company said it will finance the deal through a combination of debt and common equity. I continue to not own enough of this name...Long Cabot Oil & Gas in fund; no personal position...