Future LNG exporter Tellurian is
taking an integrated approach to its
Driftwood LNG project. On Sept. 6, the
company signed an agreement to purchase
Haynesville and Bossier shale assets for
$85.1 million. The company is gaining
9,200 net acres (100% HBP, 92% operated)
in Red River, DeSoto and Natchitoches
parishes with up to 138 net Haynesville
and Bossier drilling locations. The position
has 19 operated wells producing 4 MMcf/d
and potential reserves are 1.3 Tcf. The buy
includes gathering and processing facilities.
“Acquisition of natural
gas producing assets......
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