EV Energy Partners LP, Houston, (Nasdaq: EVEP) plans to acquire properties in Monroe Field of northern Louisiana from an institutional partnership managed by EnerVest Management Partners Ltd., Houston, for $96 million. The assets include a 95% average net revenue interest in more than 2,800 wells in Union, Morehouse and Ouachita parishes. Net production is 7.6 million cubic feet of gas per day. Proved reserves are 65.4 billion cubic feet of gas equivalent (99% proved developed producing). EV Energy will operate the assets, which feature third-party transportation and marketing.
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