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Kerns Resources To Sell Horizontal Wolfcamp Properties

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April 26, 2012

Kerns Resources, LP retained Energy Spectrum Advisors Inc. to sell certain operated oil properties and leasehold in Reagan County, Texas.

The properties are located in the middle of the Horizontal Wolfcamp play and consist of 1,762 net contiguous acres (34.5% is held by production) with an average 76% working interest (57% net revenue interest). Upside includes ...

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