Eni, Quicksilver Team Up In West Texas Shale Oil Venture
Milan-based Eni said it will pay up to $52 million to cover the drilling, completion and seismic costs in exchange for a 50 percent stake in the oil patch. Following this initial investment, Quicksilver and Eni will share any future expenditure, according to Eni.
“This new project gives Eni the opportunity of...
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