Announced
Completed
Financials
Tags
United States
Majority
Domestic
Private
Integrated Oil and Gas
Acquisition
natural gas
Single Bidder
Friendly
Completed
Synopsis
Tellurian, a firm that engages in producing natural gas and investing in natural gas projects, completed the acquisition of the natural gas assets from EnSight, an oil and gas company, for $133m. “We have been diligently growing our natural gas production and reserves in the Haynesville. These assets provide Tellurian with both cash flow and a physical hedge for Driftwood LNG. The EnSight asset is a great fit with Tellurian’s existing position in the Haynesville Shale and allows us to step into an ongoing development program and bring on-line significant additional natural gas volumes in the fourth quarter of 2022," John Howie, Tellurian President.
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