When did Exco sell its Vernon Field in Jackson Parish to Compass Energy Operating?

Views: 642

Reply to This

Replies to This Discussion

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!

RSS

Support GoHaynesvilleShale.com

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service