Source: Market Exclusive

Eclipse Resources: Eclipse Resources Corporation (NYSE:ECR) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Eclipse Resources Corporation (Eclipse) is an independent exploration and production company. The Company is engaged in the acquisition and development of oil and natural gas properties in the Appalachian Basin. The Company has assembled an acreage position approximating 221,700 net acres in Eastern Ohio. The Company is the operator of the Utica Core Area and its Marcellus Project Area. The Company has identified approximately 2,450 gross (594 net) remaining horizontal drilling locations across its acreage, which consist of approximately 450 locations within the Utica Core Area and over 140 locations within its Marcellus Project Area. The Company’s Utica Shale is an unconventional reservoir comprising organic-rich black shale, with production occurring at vertical depths between 6,000 and 10,000 feet. The Marcellus Shale consists of organic-rich black shale, with production occurring at vertical depths between 5,000 and 8,000 feet.

Read full article »
Annual Revenue
$500M-1.0B
Employees
100-250
Benjamin W. Hulburt's photo - President & CEO of Eclipse Resources

President & CEO

Benjamin W. Hulburt

CEO Approval Rating

86/100

Read more