Steve Chazen up and running in the Eagle Ford, Austin Chalk
Steve Chazen’s newly formed company, Magnolia Oil & Gas, is up and running, its stock trading on the NYSE under ticker MSY.

Magnolia came out of TPG Pace Energy Holdings Corp. (NYSE: TPGE) merger with EnerVest, Ltd.’s South Texas Division for $2.66 billion. The deal closed July 31.

The formation of Magnolia creates a pure-play South Texas operator with operations in the Eagle Ford and Austin Chalk with more than 40,000 BOEPD of production.

The former 360,000 total net Ene...

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