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Natural Gas September 13, 2024 07:59:32 AM

Quantent Completed Initial Acquisition of Haynesville Gas Assets

Anil
Mathews
OilMonster Author
The initial acquisition covers over 7,000 net acres located in North Louisiana.
Quantent Completed Initial Acquisition of Haynesville Gas Assets

SEATTLE (Oil Monster): Oklahoma City- headquartered Quantent Energy Partners, LLC announced that it has completed its initial acquisition of natural gas assets in the Haynesville Shale. The initial acquisition covers over 7,000 net acres located in North Louisiana. The financial details of the transaction were not disclosed.

The business has been aggressively pursuing development initiatives and assets all around the region. In order to increase its presence in the area, the company intends to investigate upstream development potential in the Bossier and Haynesville shale formations located in East Texas and North Louisiana.

Kevin DeLay, CEO, Quantent stated that the company is proud to announce the successful formation of our partnership with Post Oak and the completion of its initial acquisition. It is committed to drive value from the acquired asset base and to pursue additional opportunities in the region, he added.

It should be noted that Quantent Energy Partners was formed earlier this year with an equity commitment from Post Oak Energy Partners V, LP. Since the start of 2024, Post Oak Minerals V, LLC, an associate of Post Oak Energy, has executed ten acquisitions totaling more than $475 million.


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