Japan's Osaka Gas Buys Stake In East Texas Shale Gas Project

Transaction Type
Basin
East Texas Basin
Announce Date
Post Date
Close Date
Estimated Price
$144.5MM
Description

To acquire a 30% stake in Sabine's E TX shale gas project targeting the Cotton Valley Sand and Haynesville Shale formations; includes 450 wells producing about 45 MMcfe/d on roughly 100,000 acres, 35,000 net to Osaka.