EOG Resources Acquisition of Encino Acquisition Partners
Sector: Oil and Gas • Location: Ohio, United States
Source: Marcellus Drilling News
Houston-based EOG Resources acquired Encino Acquisition Partners for $5.6 billion, expanding its Utica Shale assets and production footprint. The acquisition added roughly 675,000 net acres, increasing EOG's Utica footprint to nearly 1.1 million acres and boosting local production to approximately 275,000 barrels of oil equivalent per day. The deal was financed through $3.5 billion in new debt and
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Status
Original status | completed |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Houston-based EOG Resources acquired Encino Acquisition Partners for $5.6 billion, expanding its Utica Shale assets and production footprint. The acquisition added roughly 675,000 net acres, increasing EOG's Utica footprint to nearly 1.1 million acres and boosting local production to approximately 275,000 barrels of oil equivalent per day. The deal was financed through $3.5 billion in new debt and $2.1 billion in cash without issuing stock. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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