SHALE PRODUCER EOG BOOSTS UTICA FOOTPRINT WITH $5.6 BILLION ENCINO DEAL
https://media.zenfs.com/en/reuters-finance.com/ce38d49070c6cde4b47add27a1ad1e3c
✍️ EOG Resources acquires Encino Acquisition Partners for $5.6 billion to bolster its Utica shale position.
👉 EOG Resources acquires Encino Acquisition Partners for $5.6 billion 👉 Deal provides EOG with access to additional 675,000 net core acres and over 1 billion barrels of undeveloped net resources 👉 Encino Acquisition operates in the Utica shale basin of Ohio and is one of the largest privately owned oil and gas exploration and production companies in the U.S.
-- #EzraYacob #Ohio #GulfCoast #Southeast #Northeast #Midcontinent #business
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