EOG Resources, Inc. (NYSE:EOG) is looking for M&A acquisition opportunities. During the company?s conference presentation, Jeffrey Leitzell, Executive Vice President and Chief Operating Officer said that ?And one of the things we really want to do is make sure we've got control of the acreage, so we can exploit it and really maximize that value there. So, I just think that right now, we will continue to look at both M&A acquisition opportunities and organic growth opportunities, but the big thing is it's got to meet our returns hurdles, and that's really the lens that we look at it through is from a returns basis.

And we're not just looking for acres that can add to our portfolio, we really want to have acres that are at the top end of our portfolio?.