25 April 2024
Gail India acquires first US shale assets
Publication date: 29 September 2011
Gas Strategies Group
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Gail India is taking its first steps into US shale, with the acquisition today of a stake in Eagle Ford acreage owned by Houston-based Carrizo Oil and Gas. The deal will see Gail India take a 20% interest in Carrizo's 20,000 acres of Eagle Ford assets for $300 million.