Patina buys Cordillera; deal to increase reserves by 20%
Petroleum News
Rapidly growing Patina Oil & Gas of Denver, in its third deal since late 2002, has agreed to buy all of the assets of privately held independent Cordillera Energy Partners LLC for $244 million. The transaction includes 235 billion cubic feet of gas equivalent reserves and about 30,000 million cubic....
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Purchase would boost reserves by 20 percent
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