When did Exco sell its Vernon Field in Jackson Parish to Compass Energy Operating?
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I think compass energy is still owned by exco.
EXCO spun off it's "conventional" assets (vertical wells) in LA and TX in 2013 into a master limited partnership (EXCO/HGI JV Assets, LLC), sold 75% of the ownership to institutional partners, but still operated the properties. The MLP was renamed Compass Energy Operating in mid-2014.
And there's the explanation - Thanks!
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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