Lucas Energy Adds 5,500 Eagle Ford – Eaglebine Acres

Lucas Energy purchased 5,500 acres of mineral leases prospective for the Austin Chalk, Eagle Ford and Eaglebine formations this week from Hall Phoenix Energy. The company bought the leases with $6.4 million of convertible stock. 1,300 acres are located in Wilson County, TX and the remaining acreage likely falls in the northern portion of the Eagle Ford region where the Eaglebine is prospective.

Read more at bizjournals.com

 

 

The following two tabs change content below.
R.T. Dukes

R.T. Dukes

Managing Editor at EagleFordShale.com
R.T. is the managing editor of EagleFordShale.com. In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

Comments

  1. R.T. Dukes RT Dukes says:

    Have you checked out the weekly post we do on Eagle Ford Drilling?

  2. Thomas h. Smith says:

    I have looked and can find no accurate well count or any other information about prospective drilling, horizontal or otherwise in Wilson county. Specifically around or between Floresville and Stockdale in the Eagleford. I am a land owner in that area and would like to know what’s up. Anything you can tell me would be helpful. Tom

Add a Comment

MENU