By September 4, 2014 0 Comments Read More →

NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

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NOLA.com reports:

A Houston energy investment firm will pay nearly $275 million for thousands of acres of legacy oil and natural gas fields located along the eastern edge of the Haynesville Shale in north Louisiana. The deal is the latest in a string of purchases that signal renewed investor interest in the area.

Vanguard Natural Resources said it has agreed to purchase more than 23,000 acres in north Louisiana and east Texas from Hunt Oil Co., an 80-year-old, privately owned energy conglomerate based in Dallas.

The sale includes the……..

Read more here

Posted in: LOGA News, Shale News

About the Author:

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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