Aethon Energy’s 36.9 MMcf/d Currie #2H north of Houston makes for a third well revealed in the Bossier prospect north of Houston that one longtime Texas wildcatter calls a “big boy play.”
The pureplay operator Sabine Oil and Gas is in the market to buy preferably to add to its East Texas portfolio but is also open to gassy assets in the Eagle Ford, Oklahoman Woodford and Utica.
A bankruptcy court judge in Manhattan has approved a second amended plan for Sabine Oil & Gas Corp., which calls for the company to emerge from Chapter 11 later this year.
The Haynesville Shale play’s making more than 14 Bcf/d today, and the world is counting on this Gulf Coast LNG supplier to keep delivering and more, too.
Takeaways - Pipeline companies have opposed efforts by oil and gas producers to reject midstream gathering agreements in bankruptcy, claiming that the exclusive “dedication” provisions.