WildFire Energy I LLC will become the biggest holder of consolidated acreage in the Eagle Ford shale play in East Texas after buying net acreage and wells from Apache Corporation, amid the ongoing mergers and acquisitions (M&A) wave in the U.S. oil and gas industry. WildFire Energy announced this week that it had entered into a definitive agreement to buy around 237,000 net acres and interests in 465 wells in the East Texas Eagle Ford from Apache Corporation and subsidiaries. With the acquisition, WildFire will operate more than 2,000…
