ArcLight-backed Bruin to fork out $1.4B in oil deal
July 13, 2017
Energy Exploration | North Dakota | Add-on
Oil & gas exploration company Bruin E&P Partners has agreed to purchase the North Dakota operations of shale oil provider Halcón Resources for $1.4 billion in cash. ArcLight Capital Partners has backed Bruin E&P since 2015. The North Dakota assets of Halcón produce roughly 29,000 barrels of oil per day.