Moreover, SEA has only 19,700 net acres in the Eagle Ford while LNR has more than 30,000 net acres in the Eagle Ford pro forma the latest acquisitions.
and more importantly, SEA's Eagle Ford acreage at the West side of the Eagle Ford is located at Maverick County which is highly de-risked.
I am talking for the Georgetown acreage (5,500 net acres). And if you see the map of the area you will agree with me. Zero drilling activity there as of today.
SEA Price at posting:
$1.37 Sentiment: None Disclosure: Not Held
