Private Eagle Ford Producer Recoil Resources Seeks Buyer
The Eagle Ford assets, expected to produce around 4,000 boe/d in July per Recoil Resources’ marketing materials seen by Reuters, could fetch over $200 million in a sale, one of the sources said.
Shariq Khan and Jessica Resnick-Ault, Reuters
Fri, 07/02/2021 - 04:00 AM Your browser does not support the audio element.
Privately owned oil driller Recoil Resources is scouting for a buyer for its assets spread across 71,000 acres in the Eagle Ford shale play of South Texas, according to two sources familiar with the matter.
The assets, expected to produce around 4,000 boe/d in July per Recoil’s marketing materials seen by Reuters, could fetch over $200 million in a sale, one of the sources said.
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