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Energy Partners to fund purchase of assets with new senior notes
By Paul A. Harris
Portland, Ore., Jan. 13 - Energy Partners, Ltd. announced in a Thursday press release that it intends to use proceeds from a new offering of senior notes to fund the acquisition of oil and natural gas assets in the shallow-water central Gulf of Mexico shelf from Anglo-Suisse Offshore Partners, LLC for $201.5 million.
No further information was available at press time.
Energy Partners is an independent oil and natural gas exploration and production company based in New Orleans and Houston.
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