EOG Resources gets $400 million from private equity group

May 23, 2017 / By Surprise Valley Resources

EOG Resources will get a $400 million cash infusion from private equity group Carlyle to develop oil and gas assets in Oklahoma over the next four years. The Houston oil producer’s joint venture with one of Carlyle’s energy investment arms comes as private equity firms pour billions into a resurgent U.S. oil industry, looking to …
Source: FuelFix