Privately held Eagle Ford operator 1776 Energy Operators, LLC is putting itself
up for sale, with a deal expected to fetch around $1.5 billion, including debt, unnamed
sources told Reuters. A company official told the news agency that 1776 has hired two
investment banks to run a sales process.
With production primarily from Karnes, Gonzales and La Salle counties, Texas, the
company is active in areas where Marathon Oil, Magnolia Oil & Gas, Devon Energy
and EOG Resources also have......
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