28 April 2024
PERSPECTIVE: Tellurian's market signal capitalises on small step upstream
Publication date: 08 September 2017
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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Tellurian has taken a step upstream, acquiring a cluster of gas producing assets and undeveloped acreage in northern Louisiana's Haynesville shale play area for USD 85 million from an undisclosed buyer.
The deal includes 9,200 net acres with up to 138 operated Haynesville and Bossier drilling locations with an estimated 1.3 Tcf of total natural gas resource potential.
The deal is relatively small as the recoverable resource may prove to be ...