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Permalink Reply by Skip Peel - Mineral Consultant 5 hours ago

GEP Haynesville was a joint venture formed by GeoSouthern Energy Corp. and GSO Capital Partners LP in 2015.  GSO was the money partner, GeoSouthern the operating partner.  Private equity GSO, like all PE companies that invest in E&P companies, like to make a relatively short term investment and then look to make an exit with a profit.  This has happened numerous times over the history of the Haynesville Shale.  When GSO sold its Haynesville stake to Southwestern (SWN), GeoSouthern Energy became the operating partner for the South Mansfield Haynesville units acquired by Williams Companies from Chesapeake in a settlement tied to the CHK bankruptcy and lawsuit.  Williams is a huge pipeline company but is not usually an E&P company so it made sense to partner with an experienced Haynesville operator to manage drilling and production of those units.  Without further information such as your section-township-range location, it is impossible to provide an opinion as to whether this may mean new drilling for you.

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Permalink Reply by Skip Peel - Mineral Consultant 3 hours ago

Since GeoSouthern could no longer use GEP Haynesville for the operating entity"s name, they did the next best thing.  Thus, GEPH II.

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