NERCI &lt;NER> UNIT CLOSES OIL/GAS ACQUISITIONNerco Inc said its oil and gas unit closed the acquisition of a 47 pct working interest in the Broussard oil and gas field from &lt;Davis Oil Co> for about 22.5 mln dlrs in cash
    Nerco said it estimates the field's total proved developed and undeveloped reserves at 24 billion cubic feet, or equivalent, of natural gas, which more than doubles the company's previous reserves
    The field is located in southern Louisiana
 Reuter
