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Breitburn Emerges from Bankruptcy; Rebrands as EIG-Backed Maverick
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Breitburn Energy Partners has emerged from bankruptcy and has rebranded as Maverick Natural Resources LLC.
Maverick is majority-owned and controlled by funds and accounts managed by EIG Global Energy Partners.
Maverick's Assets:The company is focused on the development and production of long-lived oil and gas reserves throughout the United States, including the following regions: Midwest, Ark-La-Tex, Rockies, California, Permian Basin, Southeast and the Mid-Continent.
Operated approximately 88% of stable long-lived production in 2017, averaging 39,742 Boe/d Estimated proved reserves of 152.2 MMBOE, approximately 97% of which are proved developed reserves with a proved reserve life index averaging more than 10 years Approximately 1 million gross acres (600,000 net) Approximately 11,500…- ✓ Full news archive — U.S., Canada & international coverage
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