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CM - Lime Rock Partners backs new Okla. asset buy, La. JV - June 2019
Lime Rock Resources, which shares a name with its private equity backer Lime Rock Partners, signed a definitive agreement to purchase BP America Production Co.’s oil and gas properties in Cleveland and McClain Counties, Oklahoma. The assets are about 50 miles east of Lime Rock Resources’ existing Norge unit operations acquired in 2014. The purchase would be Lime Rock’s eighth Oklahoma acquisition, and is expected to close in Q3. Separately, Lime Rock Partners’ upstream portfolio company Prime Rock Resources announced a joint......
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