GeoSouthern, Williams Market Haynesville Gas Assets
GeoSouthern, Williams Market Haynesville Gas Assets
Chris Mathews Hart Energy Mon, 07/28/2025
Joint venture partners GeoSouthern Energy and Williams Cos. are marketing natural gas assets in the core of the Haynesville, where buyer demand is increasing but M&A targets are scarce.
Private producer GeoSouthern Energy Corp. is taking bids for its Haynesville natural gas assets, three sources told Hart Energy.
GEP Haynesville II, a joint venture (JV) between GeoSouthern Energy and Williams Cos., operates around 50,000 net acres in Louisiana’s Haynesville Shale.
Analysts estimate GEP Haynesville II’s coveted acreage could fetch between $1.2 billion to $1.5 billion through a potential sale.
Skip Peel - Mineral Consultant
GeoSouthern has had two Haynesville shale focused operating companies: GEPH and GEPH II. The first ceased business when Vine and GeoSouthern sold to Chesapeake and the second is the current operator of the Haynesville Shale units that Williams Company received as compensation in its lawsuit with Chesapeake. GEPH II has been active in searching for "step out" areas to expand the Haynesville fairway. Last year the company formed a Haynesville drilling and production unit in the Pendelton-Many Field ( Sections 24&25 - 7N-12W) and has been reported to be leasing in the Robeline area of Natchitoches Parish.
Jul 28