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EOG Focused on Eagle Ford, Will Sell Canadian Wells

by Kenneth E. DuBose on July 13, 2010

Just days after it was leaked that EOG is seeking office space near San Antonio, the company reveals its plans to sell wells in Canada:

Shallow gas wells producing a whopping 27,800 barrels of oil equivalent in southern Alberta and Saskatchewan have been put up for sale by an American company aiming to redeploy billions into a U.S. shale play.

EOG Resources Inc., which announced earlier this year it intends to divert capital to the Eagle Ford shale play in southern Texas, has listed the properties with Macquarie Tristone.

Full Story: EOG Selling Canadian Assets – Calgaryherald.com

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