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XCL Resources seeks US FTC’s prior approval for Altamont Energy acquisition

( March 7, 2024, 15:44 GMT | Official Statement) -- MLex Summary: XCL Resources Holdings, a subsidiary of private equity firm EnCap Investment, is seeking prior approval from the US Federal Trade Commission to complete its proposed acquisition of Altamont Energy, an oil and gas operator in the Uinta Basin region of Utah. The FTC is requesting public comment on an application, which is open for 30 days after it is published in the Federal Register.Statement follows below:...

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