Japanese grain trader, Hunt Oil pairing up in $1.3 billion deal in Eagle Ford Shale play

It's not just foreign oil companies that are making billion-dollar invesments in U.S. shale-gas and shale-oil fields. A Japanese grain-trading company is now betting big on the Eagle Ford Shale play in South Texas by entering into a $1.3 billion deal with Dallas-based Hunt Oil.

Click here for the Bloomberg News report.

--Jack Z. Smith

Source: http://blogs.star-telegram.com/barnett_shale/2012/01/japanese-grain-trader-hunt-oil-pairing-up-in-13-billion-deal-in-eagle-ford-shale-play.html

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