2 October 2023
Indian conglomerate RIL exits US shale patch after Eagle Ford asset sale
Publication date: 09 November 2021
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Indian conglomerate Reliance Industries Limited (RIL) has exited the US shale patch after agreeing to sell its stake in the Eagle Ford play in Texas to Ensign for an undisclosed sum. The sale follows RIL’s divestment of its stake in the Marcellus play in the Appalachian Basin earlier this year and marks further consolidation in the US shale sector...