Trade Resources Company News BreitBurn Completed Acquisition of Oil & Natural Gas Properties in Permian Basin in Texas

BreitBurn Completed Acquisition of Oil & Natural Gas Properties in Permian Basin in Texas

Tuesday, Dec 31, 2013 BreitBurn Energy Partners L.P. (the "Partnership") (NASDAQ:BBEP) announced today that it has completed the acquisition of oil and natural gas properties in the Permian Basin in Texas from CrownRock, L.P. for approximately $282 million, subject to customary post-closing adjustments. The Partnership also completed acquisitions of additional interests in certain of the acquired assets from other sellers for approximately an additional $20 million.

Source: Business Wire

 

Source: http://www.youroilandgasnews.com/news_item.php?newsID=97594
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Breitburn Energy Partners L.P. Announces Closing of Acquisitions in The Permian Basin
Topics: Metallurgy