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If energy producers’ Q1 earnings calls this week are any indication, PE firms can choose...

If energy producers’ Q1 earnings calls this week are any indication, PE firms can choose from plenty of assets should they continue their shopping spree. Exco's (XCO) JV deal with a PE partner that will own its conventional gas assets could reap $300M, buyers for some of Rex Energy’s (REXX) pipelines could bring $100M, and others - UPL, CRK, FST - also are working on deals.
Comments (1)
  • politicalsciencefiction
    , contributor
    Comments (4) | Send Message
     
    Perhaps the PE firm won't bother to conduct due diligence, or somehow will manage to leave all the liability associated with the conventional gas assets entirely with EXCO.
    5 May 2012, 04:11 PM Reply Like
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