Colgate acquires luxe energy in all-stock transaction

Midland, texas--(business wire)--colgate energy partners iii, llc (the “company” or “colgate”) announced today that it has entered into a definitive agreement under which colgate will acquire a majority of the assets owned by luxe energy llc (“luxe”) in an all-stock transaction. luxe will continue to own and manage certain assets including a portion of the non-operated leasehold interests that are operated by mdc reeves energy, llc and its affiliates. closing occurred simultaneously with signin
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