Oil and natural gas company EV Energy Partners LP (NASDAQ: EVEP | PowerRating) said on Thursday that the company has completed the acquisition of Barnett Shale oil and natural gas properties for an adjusted purchase price of USD295.9m as part of a previous agreement, subject to customary post-closing adjustments.
Under the purchase agreement, EV Energy Partners LP has acquired a 31.02% interest in these assets from Talon Oil & Gas LLC.
In addition, EV Energy Partners LP's outstanding debt after funding of the acquisition is USD619m on a revised borrowing base of USD700m.
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For full details on EV Energy Partners LP (EVEP) EVEP. EV Energy Partners LP (EVEP) has Short Term PowerRatings at TradingMarkets. Details on EV Energy Partners LP (EVEP) Short Term PowerRatings is available at This Link.
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