Presidio Petroleum Acquires Midstates’ Western Anadarko Assets

摘要

Presidio Petroleum LLC landed a $58 million acquisition following a major equity invest- ment from Morgan Stanley Energy Partners (MSEP), the Fort Worth, Texas-based E&P said June 1. As part of the agreement, Presidio formed a strategic partnership with MSEP, which makes equity and equity-related in- vestments in middle-market companies mainly in North America. MSEP’s invest- ment in Presidio will help facilitate the com- pany’s acquisition of assets in the Western Anadarko Basin from Midstates Petroleum Co. Inc. (NYSE: MPO) as well as its future growth.