QRE Energy signed a definitive merger agreement to be acquired by Breitburn Energy Partners LP for $3.0 billion in stock and debt. The deal will make Breitburn the largest oil-weighted upstream MLP with a pro forma enterprise value of $7.8 billion. QRE has Q2 production of 20,300 boepd (58% oil, 12% NGLs) from nearly 5,700 wells in Alabama, Arkansas, Florida, Kansas, Louisiana, Michigan, New Mexico, Oklahoma and Texas. Its YE13 proved reserves total 109......
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