KKR invests $350 mln in US oil explorer-WSJ

Jun 9th, 2009 - Reuters

Related content:

June 9 (Reuters) - U.S. private equity firm Kohlberg KravisRoberts & Co (KFN.N) invested about $350 million in aprivately-held natural gas explorer, East Resources Inc, theWall Street Journal reported on Tuesday.

Pennsylvania-based East Resources, which is engaged in gasexploration and development in a rock formation stretching fromWest Virginia to New York, controls about 900,000 acres and has230 employees, the paper said.

Read the whole story on Reuters or try our Toolbar
Bookmark and Share
blog comments powered by Disqus

Related stories:

  • Eddie Bauer may be headed into bankruptcy court

    Jun 9th, 2009 - USA Today

    Three-consecutive years of losses and a high debt load may be too much for Eddie Bauer Holdings (EBHI)to overcome. The outdoor clothing retailer may seek bankruptcy protection as soon as this week...

  • KKR Invests in Gas Explorer

    Jun 8th, 2009 - Wall Street Journal

    Kohlberg Kravis Roberts & Co. has invested about $350 million in East Resources Inc., a privately held company engaged in natural-gas exploration and development in a rock formation stretching from West Virginia to New York. East Resources...

  • Talbots Says Golden Gate to Buy Its J. Jill Unit

    Jun 8th, 2009 - Bloomberg

    June 8 (Bloomberg) -- Talbots Inc., the U.S. women’sclothing chain, agreed to sell almost all the assets of its J.Jill brand to an affiliate of private-equity firm Golden GateCapital for about $75 million. J...

  • Sunstone prepared to forfeit San Diego hotel

    Jun 7th, 2009 - Reuters

    * W San Diego has $65 mln mortgage * To not pay June 1 debt service payment NEW YORK, June 7 (Reuters) - Lodging real estate investmenttrust Sunstone Hotel Investors Inc (SHO.

  • Filene's Basement auction fetches $67 mln for assets

    Jun 7th, 2009 - Reuters

    * Men's Wearhouse top bidder in auction * Sale would include leases, inventory, name NEW YORK, June 7 (Reuters) - U.S. discount clothing storeFilene's Basement Inc, which filed for bankruptcy protection amonth ago...

More stories ...

Google Search: