Natural gas producer TG Natural Resources LLC (TGNR) has entered a deal to acquire fellow Haynesville Shale heavyweight Rockcliff Energy II LLC for $2.7 billion.

Rockcliff, which is backed by private equity firm Quantum Capital Group, operates in the East Texas portion of the Haynesville, which also straddles northwestern Louisiana.

Rockcliff operates across more than 200,000 net acres spanning five Texas counties, with more than 1.3 Bcf/d of gross operated production. This figure is up from about 100 MMcf/d in 2017 when Rockcliff made its initial acquisitions, highlighted CEO Alan Smith. 

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“The continued...