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Peregrine Petroleum partners announces re-entry in the Permian Basin

Peregrine Petroleum Partners, Ltd. announced today that it has re-entered the Permian Basin with the closing of a joint venture to develop a resource asset in the southern Permian Basin.   Peregrine’s re-entry follows its recent sale of assets in the Midland Basin along with Midland Texas’ Reliance Energy to Concho Resources.

Peregrine Petroleum, with offices in Houston and Dallas, Texas, is a private exploration and production company generating sustainable long-term growth within the onshore continental United States.  The focus of Peregrine’s operations is in the Anadarko, Permian and Williston Basins. For more information, visit www.peregrinegp.com.

Peregrine Petroleum commences drilling in Ellis County, Oklahoma

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