Privately held Krewe Energy acquired Hilcorp Energy’s West Little Lake field in Jefferson Parish, Louisiana. The property is adjacent to Krewe’s operated Little Lake field, boosting the firm’s leasehold in the area to ~2,200 acres. The acquisition provides an immediate production increase, upside opportunities that are economic at current prices, and synergies with existing assets. Krewe was founded in 3Q13 with backing from Sage Road Capital and a focus on southeast Louisiana, where it......
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