Evergreen expands into CanadaMark Sexton says he will aggressively expand Carbon Energy’s reserve base Kay Cashman Petroleum News Publisher & Managing Editor
Coalbed methane producer Evergreen Resources Inc. said March 31 it has agreed to buy Carbon Energy Corp. for $84.4 million plus debt to facilitate its expansion into Canada and add to its unconventional natural gas properties in the United States.
Evergreen is a major coalbed methane producer in Co....
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Aggressive drilling planned this year Value of stock to be issued is $84.4 million
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