Headlines: Signs Of A Haynesville Shale Resurgence

In this week’s video, Vine Resources recently set a $500 million price tag on its IPO, the latest indication that a Haynesville Shale resurgence is real. In another sign, EXCO Resources said it would sell $300 million worth of Eagle Ford assets to fund drilling in the East Texas and Louisiana shale play. Meanwhile, BHP Billiton rejected a high-profile stockholder’s proposal to spin off its Eagle Ford Shale and Permian Basin oil business.

Sources:

• Vine Resources Files $500 Million Paynesville Shale IPO
• EXCO Sells Eagle Ford Shale Assets In $300 Million Deal
• BHP Resists Call To Ditch Eagle Ford Shale, Permian Oil
• Canadian Quicksand? Flurry Of E&Ps Divest Oil Sands Projects