Brookfield-backed Ember Resources closes $220 mln purchase of Apache’s CBM assets
Coal-bed methane (CBM) producer Ember Resources Inc has completed its $220 million buy of oil and gas producing properties owned by Houston, Texas-based Apache Corp, peHUB Canada has learned. Additionally, as of the acquisition’s closing date on September 30, Brookfield Capital Partners III LP was left as the company’s sole shareholder. In 2011, Brookfield led a group of private equity investors that took Ember private for $125 million.
17 October 2013•2 mins read
