Tuesday, July 3, 2012
BreitBurn Energy Partners L.P. closed on their Permian Basin Wolfberry acquisition. The price per acre metric was $47,826/acre. Of additional interest is that it was disclosed that CrownRock LP was the seller of one of the properties for $70 million. CrownRock is the working interest partner in all of Lynden Energy's projects.
Posted by GF at 9:40 AM