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Stock Market & Financial Investment News

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November 20, 2012
05:25 EDTMEMPMemorial Production acquires oil and gas properties off Southern CA for $271M
Memorial Production Partners LP announced that it has signed a definitive agreement to acquire certain oil and gas producing properties offshore Southern California from Rise Energy Partners for a purchase price of $271M, which includes $3M of working capital and other customary adjustments. This transaction will have an effective date of September 1 and is expected to close in December. Terms of the transaction were approved by the board of the general partner of MEMP and by the board's conflicts committee, which is comprised entirely of independent directors.
News For MEMP From The Last 14 Days
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September 15, 2014
09:59 EDTMEMPOn The Fly: Analyst Upgrade Summary
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07:23 EDTMEMPHart Energy to hold a conference
2014 DUG Eagle Ford Conference to be held in San Antonio, California on September 15-17.
07:17 EDTMEMPMemorial Production upgraded to Buy from Neutral at Ladenburg
Ladenburg upgraded Memorial Production to Buy saying the company is well-positioned to increase its distribution through acquisitions and low-risk development. The firm raised its price target for shares to $26 from $19.

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