JERA to Buy $1.5 Billion Worth of U.S. Shale Gas Assets

Japan’s JERA to acquire Hayneville shale gas assets in west Louisiana

(The Center Square) – Japanese power generation company JERA said Thursday it has agreed to acquire natural gas producing properties located in western Louisiana’s Haynesville Shale basin from Williams Cos

JERA to Buy $1.5 Billion Worth of U.S. Shale Gas Assets

Japan’s power generation major JERA will pay $1.5 billion for natural gas assets in the Haynesville basin, the company said today, in line with plans to boost its exposure to U.S. gas. The Japanese company will buy the assets from Williams and GEP Haynesville II, JERA said in a press release, adding that the assets currently produce some 500 million cu ft of natural gas daily and feature 200 undeveloped locations. The deal includes a provision t…

Japan's top power generator JERA to buy US shale gas assets for $1.5 billion

TOKYO :Japan's top power generator JERA will acquire natural gas production assets in the U.S. from GEP Haynesville II for $1.5 billion, it said on Thursday.GEP Haynesville II is a joint venture between GeoSouthern Energy, backed by Blackstone, and pipeline operator Williams Companies.

JERA to acquire interest in Haynesville Shale gas asset

JERA Co. Inc. has – through its subsidiary JERA Americas Inc. – reached agreement with Williams and GEP Haynesville II, LLC to acquire 100% of their respective interests in the South Mansfield upstream asset located in western Louisiana’s Haynesville Shale basin.

JERA expands U.S. upstream footprint with $1.5 billion Haynesville shale acquisition

Japan’s JERA is expanding its U.S. upstream presence with a $1.5 billion acquisition in Louisiana’s Haynesville Shale. The South Mansfield asset, producing 500 MMcf/d, positions JERA to double output to 1 Bcf/d and strengthen its global LNG value chain.

Deals: JERA Buys US Asset in Louisiana for $1.5bn

The latest investment for JERA in the US energy sector. JERA Co. Inc. (“JERA”), a global energy leader and Japan’s largest power generation company, today announced that it has — through its subsidiary JERA Americas [...] The post Deals: JERA Buys US Asset in Louisiana for $1.5bn appeared first on .