Linn Energy spinoff Riviera Resources struck a $44.5 million deal to divest its
assets in Michigan to an undisclosed seller, with the proceeds to be allocated to shore
up its balance sheet, execute share repurchases under its $206 million buyback program
and to reinvest in higher return projects. The company also retained CIBC
Griffis & Small for the divestment of its remaining upstream assets and two
gas processing plants in Oklahoma’s Hugoton Basin, the largest conventional
gas field in the......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.