Templar Energy and Le Norman Fund I Announce the Closing of the Forest Oil Texas Panhandle Asset Acquisition

  Templar Energy and Le Norman Fund I Announce the Closing of the Forest Oil
                      Texas Panhandle Asset Acquisition

PR Newswire

OKLAHOMA CITY, Nov. 26, 2013

OKLAHOMA CITY, Nov. 26, 2013 /PRNewswire/ --Templar Energy LLC and its wholly
owned operating subsidiary, Le Norman Operating LLC, (the "Company") and its
joint venture partner Le Norman Fund I LLC, announce the closing of the
acquisition of Texas Panhandle Assets from Forest Oil Corporation. The Company
financed the acquisition with a combination of equity from its financial
sponsors First Reserve, Trilantic Capital Partners, Cohesive Capital Partners
and the Company's management team, and borrowings from its new 1st lien and
2nd lien debt facilities. Le Norman Fund I LLC financed the acquisition with
proceeds from Le Norman Properties, LLC, David D. Le Norman, and Carlyle
Energy Mezzanine Opportunities Fund, L.P.

For Further Information Contact:
David D. Le Norman, President
405-548-1200
ddl@lenorman.net



SOURCE Templar Energy LLC
 
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