BP’s plan to sell its interest in a half-million acres (202,340 hectares) of land in Wyoming dotted with 2,000 oil and gas wells has been put on ice.  Over 4 feet (1.3 meters) of snow fell this winter in the Wamsutter field in south-central Wyoming – more than double the usual average – and that buried anything a prospective buyer would be able to see to evaluate the land. BP, as a result, is postponing selling the acreage for several months, according to documents sent to bidders this month and reviewed by Reuters. Even without massive accumulations of snow, oil acreage has been tough to divest this year because of volatile markets and caution from lenders. BP is focusing on new holdings in West Texas’s […]

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