EOG Announces an Oil Focus
EOG Resources, Inc., has announced that it plans to re-focus its energies on oil exploration and development rather than natural gas, according to this article in the WSJ. "The Houston-based energy company said that it would sell as much as $1.5 billion in natural gas assets over the next 14 months to fund its exploration and may even seek a partner to develop other gas fields as part of an ongoing strategy to search out more U.S. oil reserves."
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