Anzeige
Mehr »
Login
Samstag, 19.06.2021 Börsentäglich über 12.000 News von 662 internationalen Medien

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
PR Newswire
100 Leser
Artikel bewerten:
(0)

BlueStone Natural Resources II, LLC Announces Acquisitions

TULSA, Okla., Dec. 26, 2012 /PRNewswire/ -- BlueStone Natural Resources II, LLC has closed on six major transactions since its formation in February, increasing proved reserves to more than 100 BCF equivalent. In total, BlueStone Natural Resources II, LLCnow operates more than 500 wells located in South Texas and the Barnett Shale, with net production of more than 25 million cubic foot equivalent per day. BlueStone Natural Resources II, LLC still has capacity for additional acquisitions utilizing both undrawn equity commitments and additional funding under its $200 Million credit facility with Wells Fargo Bank, N.A.

Additionally, BlueStone Natural Resources, LLC has continued development of its holdings in the Mossy Grove field located in Madison and Walker Counties in East Texas. A total of four vertical wells have been drilled to date, with an additional four to eight vertical wells planned in 2013. The wells are targeting the Eaglebine and multiple Cretaceous targets. BlueStone Natural Resources, LLC has approximately 22,000 net acres located in the play.

John Redmond, President and CEO of the affiliated BlueStone entities comments, "We are excited about our recent acquisitions and the success of our East Texas drilling program. We look forward to continuing our growth in 2013. Our affiliation with our equity sponsor, Natural Gas Partners, has been a tremendous asset in facilitating our growth, both through acquisitions and through the drill bit. We will continue to pursue property acquisitions in South Texas and the Barnett Shale in an effort to build out our portfolio in these key areas."

SOURCE BlueStone Natural Resources II, LLC

Kostenloser Wertpapierhandel auf Smartbroker.de
© 2012 PR Newswire
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.