jestsaving
7 years ago
On December 19, 2017, Cabot Oil & Gas Corporation (the βCompanyβ) entered into a definitive agreement to sell, with an effective date of January 1, 2018, all of its assets in the Eagle Ford Shale in Texas to VOG Palo Verde LP, an affiliate of Venado Oil & Gas LLC, for $765.0 million in cash, subject to adjustments and customary terms and conditions. The transaction is expected to close February 28, 2018