Spur Energy, KKR partner to buy Percussion Petroleum's Permian Northwest Shelf assets
Spur Energy Partners LLC and KKR said May 14 that they formed a partnership to buy the Permian Northwest Shelf assets of Percussion Petroleum LLC. Financial terms weren’t announced. The deal includes interests in about 380 gross producing wells and 22,000 net acres situated in the core of the Yeso formation in Eddy & Lea Counties, New Mexico, as well as associated water and midstream assets.
14 May 2019•3 mins read
