Australia 's Sundance fund is aiming to raise $ 250 million to purchase the Eagle Ford Shale properties in 2020 . The raising was launched by brokers Aitken Murray investment Partners , Euroz Securities and partners and is split into two tranches of $ 22 m and $ 235 m and a renounceable rights fund of $ 74 m . Sundance is primarily known for its onshore Gulf Coast Basin operations in the US state .
Australia's Sundance Energy is aiming to raise $331m to purchase the Eagle Ford Shale properties in Texas. The raising was launched by brokers Aitken Murray Capital Partners, Euroz Securities and Morgans and is split into two tranches of $22m and $235m and a renounceable rights issue of $74m. Sundance is primarily known for its onshore Gulf Coast Basin operations in the US state.