QR Energy (QRE +3.6%) agrees to pay $557M in a cash-and-unit transaction to acquire oil and...

|About: QR Energy, LP (QRE)|By:, SA News Editor

QR Energy (QRE +3.6%) agrees to pay $557M in a cash-and-unit transaction to acquire oil and natural gas properties from Quantum Resources Funds, a deal that more than doubles the company’s production capacity and reserves.