Deal: Bayou City confirms Alta Mesa preferred deal


[Context: On 1 September, Bayou City Energy disclosed seeking $375m for BCE-HM AGGREGATE, LLC. Today the company announced a deal to purchase preferred stock in High Mesa, which holds a position in STACK-focused Alta Mesa, and announced the participation in Intervale as a con-investor.]

Bayou City Energy Purchases Preferred Stock in High Mesa, an Established STACK Operator

HOUSTON, Sept. 12, 2016 /PRNewswire/ — Bayou City Energy (“Bayou City” or BCE”) today announced its affiliate, BCE-MESA Holdings LLC (“BCE-MESA”) completed the purchase of preferred stock in High Mesa, Inc. (“High Mesa”).

This content is for Introductory members only.Learn more about
Log In Register