December 31, 2021 businesswire.com
SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (NYSE: SWN) (the “Company”) today announced that it has closed the acquisition of GEP Haynesville, LLC (“GEP”). The transaction builds further scale in the Haynesville, deepens the Company’s inventory, improves key financial metrics, including margins, returns and per-share ratios, fortifies SWN’s financial strength and enhances the Company’s leading presence in the two premier natural gas basins in the US.
In December, the Company completed an offering of $1.15 billion of 4.75% senior notes due 2032 and a $550 million institutional term loan to fund the cash consideration for the acquisition and tender for $300 million of its 2025 senior notes. The Company expects to issue 2022 guidance inclusive of the acquired properties in conjunction with its fourth quarter earnings release.
About Southwestern Energy
Southwestern Energy Company (NYSE: SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. SWN’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution. For additional information, please visit www.swn.com and www.swn.com/responsibility.
Angela, it would be difficult for anyone to offer advise without a copy of the right-of-way agreement your father executed. Do you have a copy? Also, it is likely that you will need to some legal assistance from an attorney that deals in oil and gas issues.
I have some copies of stuff I will try to send to you privately somehow tomorrow but could you recommend an attorney please
thank you very much!!
Angela, I use Randy Davidson at Davidson Summers APLC in Shreveport. You may reach Randy at 318.424.4342 or email@example.com