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    Carrier forms Delaware Basin JV with Panther Energy II

    Carrier Energy Partners LLC

    Carrier Energy Partners LLC and Panther Energy Company II LLC have signed a joint venture agreement for the two companies to develop 15,000 acres in Culberson, Reeves, and Pecos counties, Texas. 

    Under the terms of the participation agreement, Carrier will have the right to participate in 49% of Panther's working interest in wells drilled. The drilling program is set to begin in September.

    Evercore Partners advised Carrier on the transaction.

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