[Context: On October 17, Casillas Petroleum Resource Partners, backed by Kayne Anderson Energy and Casillas Petroleum, acquired 30,000 net acres in the SCOOP play from Continental Resources (NYSE: CLR) for $294m, or approximately $9,800 per acre.]

Casillas Petroleum Resource Partners, LLC Announces New SCOOP Acquisition

TULSA, Okla.–October 17, 2016 –(BUSINESS WIRE)–Casillas Petroleum Resource Partners, LLC (“Casillas”), a partnership between Casillas Petroleum Corp. and Kayne Anderson Energy Funds (“Kayne Anderson”), announced today that it has closed on the purchase of certain oil and gas assets owned by Continental Resources, Inc. (“Continental”) in the SCOOP play in Oklahoma for an adjusted purchase price of $294 million.

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