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OldIronsides Energy sells Pillar Oil Gas to Trailblazer Energy Resources

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Old Ironsides Energy has completed the sale of its portfolio company Pillar Oil Gas to Trailblazer Energy Resources. This transaction positions Trailblazer as a focused operator in the Eagle Ford Shale play, significantly expanding its footprint in South Texas. Pillar Oil Gas, headquartered in Dallas, specializes in exploration and production within the Eagle Ford region. Trailblazer Energy Resources, based in Tulsa, Oklahoma, operates upstream and midstream assets across Texas, making this acquisition a strategic move to bolster its core business. Trailblazer's acquisition of Pillar Oil Gas marks a key step in its growth strategy, enhancing its production capabilities and development potential in the lucrative Eagle Ford play. This deal solidifies Trailblazer's position as a major player in the Eagle Ford Shale, directly benefiting from Pillar's existing assets and expertise.