Formentera Parters considers team to study Venezuelan shale fields, CEO says

Reuters
01/11
Formentera Parters considers team to study Venezuelan shale fields, CEO says

By Arathy Somasekhar

HOUSTON, Jan 10 (Reuters) - Privately-held U.S. oil and gas company Formentera Partners is looking at hiring a technical team to study Venezuela's shale fields, its CEO Bryan Sheffield said in an interview with Reuters on Saturday.

Sheffield, the son of Pioneer Resources-founder Scott Sheffield, said his company was interested in La Luna shale field in the western part of the country and the Querecual field in the east.

(Reporting by Arathy Somasekhar in Houston; Writing by Liz Hampton; Editing by Alistair Bell)

((liz.hampton@thomsonreuters.com; +1 (832)-571-8115))

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