SM Energy closes $329 million divestitureAnadarko Basin sale proceeds provide additional liquidity — to fund increased Bakken and Eagle Ford capital spending in 2014 Steve Sutherlin For Petroleum News Bakken
SM Energy Co. said it has closed its previously announced Anadarko Basin divestiture package, receiving total proceeds of approximately $329 million, which will provide additional liquidity to fund the company’s 2014 capital program.
The effective date of the divestiture was Oct. 1, the company said....
[additional news subjects in this story]
Bakken/Three Forks
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/29/2014)
Print this story |
Email it to an associate.
Petroleum News Bakken - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnewsbakken.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News Bakken)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 