Announced

Completed

TG Natural Resources completed the acquisition of Rockcliff Energy II from Quantum Energy Partners for $2.7bn.

Synopsis

TG Natural Resources, a natural gas supplier company, completed the acquisition of Rockcliff Energy II, an upstream natural gas company, from Quantum Energy Partners, a private equity firm, for $2.7bn. “With this acquisition, TG Natural Resources is committed to leadership in the Haynesville Play, one of the world’s most important sources of clean natural gas. We will have nearly a century in rig-years of gross operated and non-operated drilling inventory in the Haynesville, not counting the important plays in the Bossier and Cotton Valley. TGNR has a strong track record of investing across commodity cycles and this acquisition positions the company for long-term success,” Craig Jarchow, TGNR CEO.

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