Emerald Oil Completes Transaction With Koch Exploration

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Emerald Oil (EOX) Closes $22.8M Transaction with Koch Exploration

October 2, 2015 8:07 AM EDT

Emerald Oil (NYSE: EOX) announced that it has closed the previously announced transaction with Koch Exploration Company, LLC for total consideration of approximately $17.4 million, including normal and customary closing adjustments. Koch Exploration also reimbursed Emerald for their proportionate share of existing AFEs, bringing the... More