Mitsubishi acquires $5.2 billion Haynesville gas assets from Aethon

Summary

Mitsubishi has agreed to purchase gas assets from Aethon for $5.2 billion, marking the largest Japanese investment in U.S. natural gas production. The acquisition includes assets producing over 500 million cubic feet of gas per day and 200 undeveloped drilling locations. Mitsubishi also assumes $2.33 billion in Aethon debt, positioning itself to benefit from the growing demand for natural gas and LNG, particularly from the tech industry.

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