23 April 2024
SM Energy to pursue legal action following Endeavour shale asset pull-out
Publication date: 15 December 2011
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Denver-based SM Energy and its partners intend to pursue legal action following the decision by Texan oil and gas company Endeavour International Corporation to terminate its $110 million purchase and sale agreement in the Marcellus Shale in north central Pennsylvania. SM Energy said it disputed Endeavour's ability to terminate the agreement and would “pursue any and all legal remedies arising from Endeavour's actions”.