Shell plans to sell stake in Eagle Ford Shale - WSJ - (Reuters) - - TopicsExpress

Shell plans to sell stake in Eagle Ford Shale - WSJ - (Reuters) - Royal Dutch Shell plans to sell its 106,000-acre stake in the Eagle Ford shale formation in South Texas, the Wall Street Journal reported on Sunday. Shell's decision comes after it took a $2.2 billion (1.3 billion pounds) charge against its U.S. shale business in August. Major oil companies have struggled in oil-and-gas rich regions such as the Eagle Ford, where smaller energy firms have thrived. BG ... ow.ly/2Aj1H0

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