EV Energy Partners Buys $259M in Wells/Leases from Parent EnerVest

mothershipEV Energy Partners (EVEP), an upstream master limited partnership (MLP) created by EnerVest, announced they will purchase oil and natural gas properties from the mothership EnerVest in four different locations, one of them being Appalachia (i.e. Marcellus/Utica). EVEP will pay the parent company $259 million for properties in Appalachian Basin, San Juan Basin, Michigan and Austin Chalk with cumulative estimated proved reserves of 302 billion cubic feet equivalent (Bcfe)…

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