Freeport-McMoRan sold its entire portfolio of Eagle Ford Shale assets

Looks like the Utica is not the only shale play companies are running away from...

http://www.foxbusiness.com/industries/2014/05/08/apache-sells-some-...

They then purchased more deepwater assets in the Gulf of Mexico.

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0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on May 8, 2014 at 2:21pm

They went offshore instead.  Encana got a good deal, but not a great one.  

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