Aethon Energy Management LLC (Aethon) announced the successful closing of Aethon’s acquisition of Tellurian’s integrated upstream assets. Aethon’s footprint across its Fund II and Fund III assets in the Haynesville Shale now includes approximately 375,000 net acres with gathering and treating capacity of over 3 Bcf/d.
Concurrent with the acquisition, Aethon also signed a Heads of Agreement (HOA) for two metric tons per annum (mtpa) of liquified natural gas (LNG) from the Driftwood LNG project.
Courtesy of Aethon.