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Bruin E&P Partners
4 articles mentioning Bruin E&P Partners
Enerplus Closes $465MM Acquisition of Bakken-Focused Bruin
Enerplus Corp. has closed its previously announced acquisition of Williston-focused Bruin E&P HoldCo LLC for $465 million. The purchase price was funded by Enerplus fully drawing its new three-year US$400 million term facility, along with a...
Bruin E&P Completes Chapter 11 Bankruptcy
Williston Basin-focused Bruin E&P Partners has completed its restructuring process and emerged from Chapter 11. Most of the debt was converted to equity and the company emerged with a $230 million revolver. Matt Steele, Chief Executive...
Williston-Focused Bruin E&P Files for Bankruptcy
Bruin E&P Partners, LLC and its subsidiaries have filed Chapter 11 bankruptcy. The company has operations in the Williston Basin. Bruin has the support of more than two-thirds of all its funded debt creditors, as well...
Bakken-Focused Bruin E&P Exploring Strategic Alternatives
Bruin E&P Partners, a Bakken focused E&P that backed by Encap, has missed its first-quarter 2020 borrowing base deficiency payment, which was due in May. Lenders under Bruin's credit facility had previously reduced its borrowing base...