TPG Pace to Buy EnerVest Shale Assets for $2.7 Billion By Matthew Monks and Alex Nussbaum re-post by www.morganshields.com & www.. m-sconsulting.com March 20, 2018, 6:37 AM CDT Updated on March 20, 2018, 8:05 AM CDT TPG Pace Energy, a blank-check company, targets Eagle Ford Chazen to be CEO of newly formed company to be called Magnolia Steve Chazen, who made Occidental Petroleum Corp. a heavyweight of the shale boom, is looking to replicate that success in south Texas with a $2.66 billion deal. TPG Pace Energy Holdings Corp. , a blank-check company formed by Chazen and private equity firm TPG , agreed to acquire about 360,000 net acres in the Eagle Ford shale from oil and gas investment firm EnerVest Ltd. , according to a statement Tuesday. Steve Chazen Photographer: Michael Nagle/Bloomberg TPG Pace, which raised $650 million in a public offering last May, plans to change its na...
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