Companies To Divest Assets In Alabama, Louisiana, Oklahoma, Texas Plays

摘要

Oil and gas properties in Alabama, Louisiana, Oklahoma and Texas are up for grabs, according to PLS Inc., which is marketing the transactions for several companies. Double Eagle Development is divesting 202 grosset acres within the Eagle Ford oil window in Atascosa County, Texas. The company is offering its 100% operated working interest and 75% net revenue interest in acreage offset by Pioneer Natural Resources Co. (NYSE: PXD), Marathon Oil Corp. (NYSE: MRO) and EOG Resources Inc. (NYSE: EOG). The lease expires July 18, 2016. There is a 180 continuous development as well as a Pugh clause outside of the producing formation.