By Tyler Losier, Energy Reporter, Oil & Gas 360

Lime Rock Resources acquires land from BP
Lime Rock Resources, a private equity firm and operator under the umbrella of Lime Rock Partners, announced today that it has signed a definitive agreement with BP America Production Company to acquire oil and gas assets in Cleveland and McClain counties, Oklahoma.

The transaction represents the company’s eighth acquisition in Oklahoma. The newly purchased property is located approximately 50 miles east of Lime Rock’s existing Norge unit operations, which were purchased in 2014.

Lime Rock's Norge unit operation (Source: Lime Rock Resources)

"As oil and gas companies continue to shift their capital and focus on fewer areas, they are...


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