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Abraxas Petroleum Signs Joint Venture Agreement With Blue Stone Oil & Gas: A Move to Develop Eagle Ford Shale Play - Deal Analysis From GlobalData
GlobalData, Aug 2010, Pages: 11
Abraxas Petroleum Signs Joint Venture Agreement With Blue Stone Oil & Gas: A Move to Develop Eagle Ford Shale Play - Deal Analysis From GlobalData
Summary
Abraxas Petroleum Corporation (Abraxas), a San Antonio-based crude oil and natural gas exploration and production company, signed a joint venture agreement with Blue Stone Oil & Gas, LLC (Blue Stone), a Denver based oil exploration and production company, principally focused on the Eagle Ford Shale play in South Texas, to develop the Eagle Ford Shale play in South Texas.
Scope
- Rationale behind the merger was to develop assets in Eagle Ford Shale play
Reasons to buy
- Develop a sound undestanding of the major M&A's, Partnerships, And Joint Ventures taking place in Asian Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Indian oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions.
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