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A&D - BP sells San Juan Basin gas to European renewables firm IKAV - December 2019

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BP agreed to sell its San Juan Basin assets in New Mexico and Colorado to European infrastructure fund IKAV. New York investment bank PJ Solomon announced Dec. 4 that it is advising IKAV on the acquisition, which includes gas-weighted production, undeveloped acreage and associated midstream assets. It said the acquisition marked IKAV’s strategic entry to the US with a stable production base and dependable cash flow. Founded in 2010, the German company specializes in......
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