JERA Acquires Haynesville Shale Assets for $1.5B

JERA Acquires Haynesville Shale Assets for $1.5B

The Japanese power company was advised by Baker Botts on the deal with Williams Companies and GEP Haynesville II, its JV with GeoSouthern Energy. The acquisition builds on JERA's existing longterm contracts with Gulf Coast LNG exporters. The post JERA Acquires Haynesville Shale Assets for $1.5B appeared first on The Texas Lawbook.

JERA to acquire interest in Haynesville shale gas asset

JERA reached agreement with Williams and GEP Haynesville II through an upfront investment of $1.5 billion to acquire 100% of their respective interests in the South Mansfield upstream asset located in western Louisiana’s Haynesville shale basin. The Haynesville asset currently produces more than 500 million standard cu ft per day and includes 200 undeveloped locations. … The post JERA to acquire interest in Haynesville shale gas asset appeared f…

JERA expands US upstream footprint with $1.5 billion acquisition – Inside Oil & Gas

Japan’s JERA Co. Inc., the nation’s largest power generation company, has agreed to acquire 100% of the South Mansfield gas asset in Louisiana’s Haynesville shale from Williams and GEP Haynesville II, LLC, in a deal valued at $1.5 billion. The acquisition, made through subsidiary JERA Americas Inc., marks a major step in the company’s strategy to build a diversified and resilient global energy portfolio. The South Mansfield asset currently produ…