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Bayou City Energy JV to buy producing properties in Kansas

BCE-Mach LLC, a partnership between private equity group Bayou City Energy Management LLC and oil and natural gas producer Mach Resources LLC, entered a deal to buy producing properties mainly in Barber and Harper counties in Kansas from an undisclosed seller.

The transaction, financial details of which were not disclosed, is expected to close in the summer, subject to customary conditions, according to a May 22 release.