EOG Resources has bumped up its Delaware Basin resource estimate by 1 billion barrels of oil equivalent through acquisitions and further delineation during the third quarter. Meanwhile, Marathon Petroleum has submitted its "final offer" to buy MarkWest—doling out nearly 20% more cash to the MLP’s unitholders. This video is sponsored by NavPort.
Sources:
Geo-Cashing: EOG's Acquisitions, Exploration Add 1 Billion Barrels of Oil
Twice In One Week, Marathon Petroleum Outbids Itself For MarkWest
Living The Pipe Dream: EnLink Strikes Another Permian Deal
After Paris: Escalation In Syria Could Leave Oil Region Unstable
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