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kzivann

11/06/14 3:07 PM

#60475 RE: kzivann #60474

JCDS client Pantera Energy has recently purchased producing NATGAS properties from British Petroleum (NYSE: BP) for $390,000,000.

"“HOUSTON – BP has struck a deal to sell a chunk of its natural gas-rich property in the Texas Panhandle for $390 million, the company said Monday.

About 270,000 gross acres of BP’s foothold in northwest Texas will trade hands at the end of the month with Amarillo, Texas-based acquisition and development firm Pantera Energy Co., BP spokesman Brett Clanton said in a statement...”"


http://fuelfix.com/blog/2014/07/07/bp-to-sell-panhandle-gas-fields-to-pantera-for-390m/