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Commodities Briefing - Categorized | Investment, Oil more

Billionaire-backed commodity merchant buys natural gas assets

Posted on 16 January 2013

Global commodities merchant Castleton Commodities International LLC, owned in part by billionaire investors Glenn Dubin and Paul Tudor Jones, said on Tuesday it has acquired oil and gas assets in Colorado and Utah in a bid to build out its physical natural gas business.
The firm acquired 180 oil and gas wells, 150,000 net acres in mineral leases, a gas processing facility and a 262-mile gas gathering system from Houston-based Patara Oil & Gas, it said in a press release………………………………………..Full Article: Source


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