A subsidiary of Atlas Resource Partners LP, Moon Township, Pa., (NYSE: ARP) plans to purchase a portion of the North Texas Barnett shale position held by Carrizo Oil & Gas Inc., Houston, (Nasdaq: CRZO) for $190 million in cash.
The properties include 221 gross (approximately 110 net) wells on more than 12,000 net acres. The properties ...
Phase One drilling to develop Marble Falls and Barnett Shale formations to commence within 45 days.
Quicksilver will remain as operator of the assets.