Calgary-based Baytex Energy closed the sale of its Bakken and Three Forks holdings in North Dakota to SM Energy for $330.5 million. Proceeds will be used to help pay down debt incurred in Baytex's $2.6 billion of Aurora Oil & Gas which closed in June, marking the firm's entry into the Eagle Ford.SM received Bakken/Three Forks properties with Q2 net production of 3,200 boepd (91% oil) and YE13 reserves of 29.6 MMboe proved plus......
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