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QR Energy (NYSE:QRE) agrees to acquire oil properties from an undisclosed private seller for...

Jul. 01, 2013 8:49 AM ETQR Energy, LP (QRE) StockQREBy: Carl Surran, SA News Editor2 Comments

QR Energy (NYSE:QRE) agrees to acquire oil properties from an undisclosed private seller for $110M, in a deal it says will be immediately accretive to distributable cash flow. Estimated total proved reserves of 6M boe are 99% proved developed and 92% oil.

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