Eni SpA (NYSE:E) (BIT:ENI) has signed an agreement with Quicksilver for cooperation on development of shale oil and gas in the onshore fields of the United States. The two companies will work together to jointly evaluate, explore and develop unconventional oil reservoirs (shale oil) onshore in the U.S., revealed Eni in a press release this morning. The agreement calls for Eni SpA (NYSE:E) (BIT:ENI) to acquire a 50% stake in the 53,500 gross acres held by Quicksilver. These undeveloped fields under Quicksilver’s ownership are located in the Leon Valley area, located in Pecos County (West Texas) approximately 800 km northwest…
Eni To Work With Quicksilver For Shale Development
Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.