EnerVest, TPGE enter $2.66-billion combination with South Texas assets

Posted on March 20, 2018 at 5:05 pm.

EnerVest Ltd. has agreed to sell its Eagle Ford and Austin Chalk assets to TPG Pace Energy Holdings, an energy-focused special purpose acquisition entity led by former Occidental Petroleum Corp. Chief Executive Officer Steve Chazen, for $2.66 billion in cash and stock.

Source: News