Constellation Energy Partners Furthers Relationship with Sanchez Oil & Gas
May 08 2014 - 4:15PM
Business Wire
Constellation Energy Partners LLC (NYSE MKT: CEP) today reported
that it has entered into a series of agreements with affiliates of
Sanchez Oil & Gas Corporation (the "Services Agreements").
Under the Services Agreements, CEP anticipates significant
integration of technical as well as general and administrative
functions before the end of 2014.
“With the Services Agreements now in place, CEP can continue on
the path of developing what we believe will be a transformative
relationship with Sanchez Oil & Gas,” commented Stephen R.
Brunner, President and Chief Executive Officer of CEP. “We expect
that the relationship will provide CEP with additional asset
acquisition opportunities, a means to achieving enhanced deal flow,
and an opportunity to integrate with and directly leverage the
skills and personnel of Sanchez Oil & Gas, a proven operator
with an outstanding technical team and experience that spans across
multiple basins in the U.S.”
Additional details concerning the Services Agreements can be
found in the company’s filings with the Securities and Exchange
Commission and on the company’s Web site
(http://www.constellationenergypartners.com).
About the Company
Constellation Energy Partners LLC is a limited liability company
focused on the acquisition, development and production of oil and
natural gas properties, as well as related midstream assets.
Forward-Looking Statements
We make statements in this news release that are considered
forward-looking statements within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934. These
forward-looking statements are largely based on our expectations,
which reflect estimates and assumptions made by our management.
These estimates and assumptions reflect our best judgment based on
currently known market conditions and other factors. Although we
believe such estimates and assumptions to be reasonable, they are
inherently uncertain and involve a number of risks and
uncertainties that are beyond our control. In addition,
management's assumptions about future events may prove to be
inaccurate. Management cautions all readers that the
forward-looking statements contained in this news release are not
guarantees of future performance, and we cannot assure you that
such statements will be realized or the forward-looking events and
circumstances will occur. Actual results may differ materially from
those anticipated or implied in the forward-looking statements due
to factors listed in the "Risk Factors" section in our SEC filings
and elsewhere in those filings. All forward-looking statements
speak only as of the date of this news release. We do not intend to
publicly update or revise any forward-looking statements as a
result of new information, future events or otherwise. These
cautionary statements qualify all forward-looking statements
attributable to us or persons acting on our behalf.
Constellation Energy Partners LLCInvestor Contact:Charles C.
Ward ,877.847.0009orGeneral Inquiries:
877.847.0008www.constellationenergypartners.com
Evolve Transition Infras... (AMEX:SNMP)
Historical Stock Chart
From Sep 2024 to Oct 2024
Evolve Transition Infras... (AMEX:SNMP)
Historical Stock Chart
From Oct 2023 to Oct 2024