By LNG World News Tellurian, the US company developing the 26-mtpa Driftwood LNG export facility, has entered into a deal to buy a package of natural gas assets in the Haynesville shale play in northern Louisiana.
A wholly-owned unit of Tellurian signed the deal worth $85.1 million with an unnamed private seller.
The assets are located in Red River, DeSoto and Natchitoches Parishes, and include 9,200 net acres with up to 138 operated Haynesville and Bossier drilling location and about 1.3 trillion cubic feet (Tcf) of total natural gas resource potential.
The deal also includes 19 producing operated wells with net current production of four million cubic
Read Full Article Here
For more great articles: LNG World News