Oklahoma City-based Chesapeake Energy Corp. is going back to the future, agreeing Wednesday to pay $2.2 billion for one of the Haynesville Shale’s biggest natural gas producers, Vine Energy Inc. The announcement hearkened to the past, when Chesapeake took advantage of low natural gas prices in the mid-2000s to build the biggest Lower 48 portfolio…
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Haynesville-Focused Vine Set to Certify Natural Gas as 100% Responsibly Sourced
Vine Energy Inc., whose production focus is the Haynesville Shale, said it plans to certify 100% of its output as responsibly sourced gas (RSG). The independent reached an agreement for monitoring company Project Canary to begin the certification process of all the producing wells starting in November. In addition, Project Canary would provide continuous emissions…
August 4, 2021
Vine Energy CEO Says Haynesville Primed for ‘Improving Natural Gas Fundamentals,’ Exports
As U.S. natural gas demand improves, Vine Energy Inc. expects its production in Northwest Louisiana to increasingly be sourced for overseas exports, the company’s CEO said Monday. The Plano, TX-based independent in the spring of 2021 took the company public to secure more investor interest in its 227,000 net acre stronghold in the Haynesville and…
May 19, 2021
Vine Energy Going Public, Says Haynesville ‘Critical’ to Future Natural Gas Demand
With its focus trained on fulfilling natural gas demand on the Gulf Coast and beyond, Haynesville Shale pure-play Vine Energy Inc. is preparing to go public. The Blackstone Group LP-backed private on Tuesday priced an initial public offering (IPO) for 18.75 million common shares at $16-19 each. At those prices, Vine could raise $328 million…
March 10, 2021
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