Eagle Ford Shale Ripe for Increased Private Equity Investment

摘要

As Eagle Ford Shale operators continue to cut drilling costs while high-grading their assets, noncore acreage in the South Texas play is likely to attract increased private equity (PE) investment, according to industry executives. "It's PE's niche to come in and find unrealized opportunities," Mark Sooby, managing director with Bank of America Merrill Lynch, told the Hart Energy Dug Eagle Ford conference in San Antonio, Texas, late last month.