LRR Energy Sees Strong 2Q Payoff
Business Wire
August 10, 2012
LRR Energy, L.P. (LRE) announced its operating and financial results for the three and six months ended June 30, 2012.Highlights for the three months ended June 30, 2012
• Closed $67 million ($65.1 million after purchase price adjustments) acquisition of predominantly mature, oil-weighted properties in the Permian Basin region of New Mexico and onshore Gulf Coast region of Texas from our sponsor, Lime Rock Resources
• As planned, successfully completed drilling seven new wells in our largest field, Red Lake, with good production results
• Entered into a $50 million ...
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