Japan’s Sumitomo Quits US Shale Oil with Eagle Ford Sale
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Purchased a 100% operated stake in a tight oil producing asset within the Eagle Ford formation of S TX in Karnes County; included 624 acres with estimated peak production of 3,000 boe/d.
Editor's note: Closed 4Q 2020.