FROM THE ARCHIVE
Ute Tribe in Colo. buys oil company
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TUESDAY, FEBRUARY 11, 2003

The Southern Ute Tribe of Colorado has purchased an oil and gas company for $123.4 million.

The Hawaiian-based firm will be made a subsidiary of the tribe's energy exploration company, Red Willow, whose current worth is estimated at $325 million. The acquisition of the firm is expecting to increase the tribe's natural gas holdings.

Get the Story:
Southern Utes pay $123.4m for oil company (The Durango Herald 2/10)

Relevant Links:
Southern Ute Tribe - http://www.southern-ute.nsn.us