Eagle Ford and Austin Chalk M&A - is the Sleeping Giant Reawakening?
Join the SPE-GCS Business Development Study Group on January 19th for what is sure to be an interesting panel on the Eagle Ford and Austin Chalk. Second only to the mighty Permian, the Eagle Ford has a long and storied history as a pillar of US Oil and Gas. The Eagle Ford was a hotbed for M&A activity in 2016 and 2017 with deals moving as fast as sellers could put them on the market! At that time it wasn’t uncommon to see development planning in up to 5 benches! Upper Upper, Upper Lower, Lower Upper, Lower Lower – and don’t forget the Austin Chalk!
By the second half of 2018 deal flow had stalled significantly and remained depressed through the general slow in M&D of 2019 and the Covid economy of 2020. 2021 brought some exciting deals and there is already a significant deal this year. Is this sleeping giant reawakening? And what about multi-horizon development and the Austin Chalk? Will the combination of technology advances and higher commodity prices bring a new wave of activity in this great basin?
The event is January 19th from 5:00 p.m. - 7:30 p.m. at The Petroleum Club of Houston and will feature hors d'oeuvres and networking from 5-6pm. Our monthly sponsor, Cawley, Gillespie & Associates (CGA) has also generously sponsored an open bar during networking from 5-6 pm.
Registration is $45 for members, $55 for non-members and $20 for students, members in transition, and retired members. There will be limited guests so please register in advance.
Location:
The Petroleum Club of Houston, 35th Floor, Total Plaza
1201 Louisiana Street
Houston
,
Texas 77002