Covy Park to buy EP Energy's assets in Haynesville and Bossier shales

Covey Park Gas LLC, a subsidiary of Covey Park Energy LLC, has agreed to buy EP Energy Corp’s assets located in the Haynesville and Bossier shales. The total consideration to be paid is $420 million. The assets, primarily located in Louisiana’s DeSoto and Bossier Parishes, consist of approximately 52,933 gross (34,167 net) acres with Q4 2015 average production of 113 mmcf/d. Covey Park is backed by Denham Capital.

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