HPC Market Watch

(SM) SM Energy Trims Eagle Ford Acres
U.S. oil and gas development company, SM Energy Company (SM) will sell a 12.5% working interest in its non-operated Eagle Ford Shale acreage in Texas to a subsidiary of Mitsui & Co. Ltd. Mitsui will pay $680 million for the prolific Eagle Ford acreage. Mitsui will carry 90% of SM Energy’s drilling and completion costs [...] (SM) SM Energy Trims Eagle Ford Acres
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