OPERATIONS

Grand Gulf moves into Eagle Ford 

GRAND Gulf Energy has acquired 881 net acres of 1075 gross acres of Eagle Ford shale play in a 50-50 joint venture with an unnamed private Texan oil and gas company in East Texas. 

Grand Gulf Energy is moving into East Texas.

Grand Gulf Energy is moving into East Texas.

The 440 acres are in busy Burleson Country where Grand Gulf says recent results outperform previous Eagle Ford-type production curves with over 80% of current well wells yielding estimated ultimate recovery...

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