Hi SH,
Marathon Oil (MRO) bought privately held Paloma Partners for $767 million to get 17,000 acres in Eagle Ford.
Read more: http://www.minyanville.com/sectors/energy/articles/ns-vlo-mur-bwp-sto-tlm/7/6/2012/id/42220#ixzz28OuK3DuD
That worked out to be $45,000 per acre. If Santos successful fracced Amadeus, the $/acre will fly through the roof.
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Hi SH, Marathon Oil (MRO) bought privately held Paloma Partners...
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