Triple Crown Resources Buys Broad Oak's Permian Assets For $400 Million

摘要

TRIPLE CROWN Resources LLC has acquired Broad Oak Energy II's assets in Irion County, Texas, in an atypical transaction between two private-equity backed firms, Hart Energy has learned. The purchase price was more than $400 million, according to a source familiar with the transaction. On April 4, a person answering the phone at Broad Oak's Irving, Texas, office identified the company as "Triple Crown Resources" and added, "We've been acquired."