The management team of Southwestern Energy Co. sees strengthening natural gas prices on the horizon, as U.S. producers tap the brakes on output and LNG exports continue to rise. CEO Bill Way hosted a conference call to discuss third quarter results for the natural gas-weighted independent, which operates in the Appalachian Basin and the Haynesville…
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Southwestern Adds Natural Gas Heft in Haynesville-Bossier with GEP Takeover Completed
Southwestern Energy Co. has completed its takeover of GEP Haynesville, fortifying the Houston independent’s natural gas portfolio. The company in November agreed to pay $1.85 billion for GEP, the third-largest private explorer in the Haynesville and Middle Bossier formations. The transaction boosts Southwestern’s Haynesville scale by 700 MMcf/d, giving it total estimated output of 4.7…
January 3, 2022
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