Seeking Alpha

EPL's purchase of Gulf of Mexico properties from Hilcorp marks the exit from the Gulf shelf of...

EPL's purchase of Gulf of Mexico properties from Hilcorp marks the exit from the Gulf shelf of the no. 3 private U.S. oil and gas E&P company, which also is looking for a partner or buyer for ~$2B of south Texas pipeline assets. But Hilcorp is making new investments in Alaska; if its deal with Marathon is approved, it would account for 60%-80% of the Alaskan gas market, depending on the season.
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