ABARTA Energy has sold certain oil & gas assets to Beta Helix Energy, LLC
Copper Run advised ABARTA Oil & Gas Co., LLC – also known as ABARTA Energy, has divested conventional oil and gas assets in separate transactions to Minard Run Oil Co. and Beta Helix Energy LLC. Terms of the sales were not disclosed.
The two transactions provided ABARTA with an exit to its conventional operations in West Virginia and the sale of its primary non-operated conventional asset in Pennsylvania. Copper Run served as advisor in both transactions and continues to work with the ABARTA Energy team to fully divest its remaining oil and gas operations.
“Jason Stevens and the Copper Run team earned our thanks in this process. Copper Run was able to bring new prospective buyers to the table in a well-structured sales process, and has been instrumental in quarterbacking both deals,” said John Emmerling, COO and VP of ABARTA Energy.