KKR Buys SM Energy’s Eagle Ford Assets

SM Energy (NYSE: SM) has entered into a definitive agreement to sell its non-operating Eagle Ford assets and 12.5% ownership interest in Springfield Gathering System to Venado Oil & Gas, a portfolio company of KKR (NYSE: KKR), for $800 million on January 3, 2017. Given hydrocarbon mix of PDP and non-op nature of the asset, […]

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