STX - Strike Energy Limited: US operations update 1/1
Subject to the completion of the sale to PVOG, the Eagle Ford JV participants have agreed to seek a partner to further evaluate the Eagle Ford JV's remaining Fayette County acreage adjacent to the Lavaca County acreage sold to PVOG under the terms of this transaction. It is anticipated that lea...
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| Published in | RWE Equity Business News Service |
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| Format | Newsletter |
| Language | English |
| Published |
Sydney
Australian Associated Press Pty Limited
11.07.2014
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| Online Access | Get full text |
Cover
| Summary: | Subject to the completion of the sale to PVOG, the Eagle Ford JV participants have agreed to seek a partner to further evaluate the Eagle Ford JV's remaining Fayette County acreage adjacent to the Lavaca County acreage sold to PVOG under the terms of this transaction. It is anticipated that leases outside of the core Fayette County acreage will not be extended upon expiration of their primary lease terms, resulting in a progressive reduction in Strike's net acreage interest. |
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