IHS Chemical Week

People & Business :: Energy and Feedstocks

Marubeni Acquires Stake in U.S. Shale Project

12:02 AM MST | January 6, 2012 | Deepti Ramesh

Marubeni (Tokyo) says it has entered into an agreement with energy company Hunt Oil (Dallas, TX), to acquire a 35% stake in the Eagle Ford shale oil and gas play covering about 52,000 net acres of oil and gas leases located in Texas. The project has plans for several hundred wells to be sequentially drilled for 5 years–10 years, with total development costs, including acquisition costs for Marubeni’s share, of about $1.3 billion, Marubeni says. Marubeni and Hunt Oil have also agreed to jointly acquire additional acreage in the Eagle Ford shale oil and...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa