Not sure if ever post at the time, but many roo make the light work.
Cabot Oil & Gas Corp. (NYSE: COG) said Dec. 20 it is selling its 74,500-net-acre position in the Eagle Ford Shale as a lower-for-longer oil price environment has led the Houston-based company to pivot toward the Marcellus.
An affiliate of Venado Oil & Gas LLC agreed to buy the Eagle Ford properties for $765 million. About 61,500 net acres of the position, which is located primarily in Frio and Atascosa counties in South Texas, is operated and about 9,400 net acres are nonoperated. Production from the properties during third-quarter 2017 was 15,656 barrels of oil equivalent per day.
