Ultra Petroleum (UPL +0.00%) has been pretty quiet on the acquisition front recently, but that changed this week when the oil and natural gas producer made a $680 million purchase in the Uinta Basin. Not every purchase is perfect, so in this video Fool contributor Tyler Crowe takes a look at three ways you can look at this deal.

If you are looking at this from a bearish standpoint you should be concerned about takeaway capacity. The region offers a very limited crude pipeline and only 63,000 barrels per day of refining capacity from two refineries owned by Tesoro (TSO +0.00%) and HollyFrontier (HFC +0.00%). Tune into the video below to see the other ways investors can view this recent move.

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About the Author

Tyler Crowe
Tyler Crowe is a contributing Stock Market Analyst for The Motley Fool. He has worn several hats over the past 14 years with the Fool from analyzing stocks, writing about them, talking about them, coaching others about stock writing, and...you get the idea. Tyler's true passion is turing over stones to find the oddball investments with incredible wealth building potential. If he isn't nose-deep in a proxy statement, Tyler is probably skiing somewhere. Tyler holds an M.B.A. from Collège des Ingénieurs (Paris), a, M.S. in Environmental Engineering, a B.S. in Civil Engineering, and a B.S. in Foreign Affairs from the University of New Hampshire.
TMFTylerMCrowe

Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter: @TMFDuffy and @TylerCroweFool, respectively. 

The Motley Fool recommends Ultra Petroleum. The Motley Fool owns shares of Ultra Petroleum and has the following options: long January 2014 $30 calls on Ultra Petroleum, long January 2014 $40 calls on Ultra Petroleum, and long January 2014 $50 calls on Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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