Remove Finance Remove Possible Reserves Remove Probable Reserves
article thumbnail

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

Operational expertise and increased scale drive meaningful synergies EOG expects to generate more than $150 million of synergies in the first year driven by lower capital, operating, and debt financing costs. quantities of oil and gas that are estimated to be recoverable with a high degree of confidence), but also probable reserves (i.e.,