Miller Energy Resources Inc. (NYSE: MILL) has closed its acquisition of Savant Alaska LLC for a net cash price of $6.5 million, after adjustment for the May 1, 2014 effective date. This acquisition will immediately add approximately 600 Bopd net to Miller's production.
A-DCenter.com reported the acquisition in September, as Miller continued to position itself as an Alaska pure-play E&P.
The company is based in Knoxville, Tenn.
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