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By Mrinalika Roy (Reuters) -EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position ...
May 30 (Reuters) - EOG Resources (EOG.N), opens new tab said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica ...
The acquisition significantly scales EOG’s presence in the Utica shale, creating what CEO Ezra Y. Yacob calls the company’s “third foundational play,” alongside the Delaware Basin and ...
Encino Acquisition, majority-owned by Canada Pension Plan Investment Board, operates in the Utica shale basin of Ohio and is one of the largest privately-owned oil and gas exploration and ...
EOG announced a $5.6 billion deal to acquire 675,000 net acres from Encino in the Utica shale play, in the Appalachian region. This play is known for its extensive supply of natural gas and ...
The acquisition significantly scales EOG’s presence in the Utica shale, creating what CEO Ezra Y. Yacob calls the company’s “third foundational play,” alongside the Delaware Basin and Eagle Ford. The ...
EOG Resources is buying Utica shale player Encino Acquisition Partners ... creating a third foundational play for EOG alongside our Delaware basin and Eagle Ford assets,” EOG chief executive ...
With nearly half of the nation’s record-high oil production coming from the booming Permian Basin, the West Texas ... s emerging oil window in the Utica Shale, which was previously known just ...
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