Abraxas Petroleum Signs Joint Venture Agreement With Blue Stone Oil & Gas: A Move to Develop Eagle Ford Shale Play - Deal Analysis From GlobalData


August 31, 2010
11 Pages - SKU: GBDT2808780
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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

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 understanding 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 opportunities 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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