Hilcorp unit to buy ConocoPhillips’ San Juan Basin assets for up to $3 billion

Hilcorp San Juan LP, a partnership of Houston-based Hilcorp Energy Co. and Washington DC-based private equity firm The Carlyle Group, has agreed to acquire ConocoPhillips’ interests in the San Juan basin of northwestern New Mexico and southwestern Colorado for up to $3 billion.

Date posted: April 15, 2017 | Author: