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Venado Oil & Gas and KKR Acquire Eagle Ford Oil Assets

Jul. 05, 2018 10:14 AM ETKKR & Co. Inc. (KKR) StockBy: Vandana Singh, SA News Editor1 Comment
  • Venado Oil & Gas along with KKR (NYSE:KKR +0.8%) acquires assets in Eagle Ford oil window of South Texas, adjacent to existing operated assets held by Venado and KKR in Atascosa and Frio countries.
  • The acquired assets include oil production from 22 producing wells, and in Q2 produced ~4,500 net barrels of oil equivalent per day.
  • Post the transaction, Venado and KKR partnership manages assets of ~136,000 net acres producing ~43,000 barrels of oil equivalent per day from the Eagle Ford trend of South texas.

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