EOG Resources purchased the 30,000-net-acre block that includes at least 120 locations for 3-mile laterals from little known Arrow S Energy Operating.
EOG Resources’ 30,000-net-acre Eagle Ford addition brings 120 new 3-mile-lateral locations to its position across the play’s oily fairway.
“This essentially was a hole in our acreage and it's the largest remaining block of largely undeveloped core Eagle Ford acreage out there,” Keith Trasko, EOG senior vice president, E&P, told investors in a May 2 earnings call.
Read more: https://finance.yahoo.com/news/unicorn-eog-ropes-last-large-171200579.html
EOG Resources News
EOG Resources News
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group