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Prospect News home > News index > List of issuers X > Headlines for XTO Energy Inc. > News item
Published on 6/6/2003 in the Prospect News Bank Loan Daily.

XTO Energy to fund $60.5 million San Juan acquisition with credit facility borrowings

New York, June 6 - XTO Energy Inc. said it will finance a $60.5 million acquisition of coal bed methane and natural gas producing properties in the San Juan Basin of New Mexico and Colorado from Markwest Hydrocarbon, Inc. with borrowings under its existing credit facility.

The additional borrowings will be repaid through 2003 operating cash flow, the Fort Worth, Texas natural gas company added.


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