Patience can lead to a pay off

In the shale gas industry, there may be no “sure thing” but an effective partnership and some patience can sometimes lead to a big payoff. Just ask Al Holcomb, Vice President of Strategic Planning at Lewis Energy Group, who spoke about his company’s operations at the Eagle Ford play in south Texas, which was much [...]

BP to acquire stake in Lewis Energy Group Shale Gas Play

UK super major BP Plc. intends to make a deal with privately held Lewis Energy Group for the expansion of its U.S. shale-gas operations, as per news published in upstreamonline.com. The transaction value of this deal is expected to be worth $150 million to $200 million. BP will acquire a 50% stake in 80,000 acres [...]

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