Castleton Resources LLC

About

Castleton Resources is focused on consolidating its East Texas platform through strategic acquisitions possessing predictable development upside that yields strong returns to its shareholders.

Castleton Resources acquired its current East Texas portfolio through multiple transactions starting in 2014 and continued to build its position through the acquisition of EDF's East Texas assets in 2015.  In 2016, Castleton Resources acquired Anadarko Petroleum Corporation’s Carthage upstream and midstream assets in East Texas for approximately $1 billion.

Castleton Resources is taking advantage of several key macro and micro factors that support our strategic vision to be a consolidator of E&P assets in the Ark-La-Tex region. Stacked-pay potential in this region rivals that of the Permian Basin and exceeds that of other North American basins.

Castleton Resources is jointly owned by Castleton Commodities International LLC and Tokyo Gas Co. Ltd.

Editor's note: Updated Dec. 31, 2019.

Headquarters Address

811 Main Street, Suite 1500
Houston, TX 77002
United States

Main Phone Number

News

With the investment backing of Tokyo Gas and Castleton Commodities International and having added Shell’s Haynesville property, along…

Castleton Resources is now the U.S. E&P consolidation platform of investment-grade Tokyo Gas Co. Ltd.

Growth-oriented upstream natural gas E&P company leverages Quorum’s rapid deployment methodology to move to current product…

Range Resources acquired its North Louisiana position in 2016 through an all-stock merger with Memorial Resource Development valued at…

Tokyo Gas will pay about $620 million as it increases its ownership in Castleton Resources, a U.S. shale gas operator focused on being…

Transactions

Report Date Amount (MM) Description
2020-08-03 $335.00

Range Resources Agrees to North Louisiana Asset Sale for $245 Million

Range Resources Agrees to North Louisiana Asset Sale for $245 Million

Report Date Amount (MM) Description
2020-07-29

Tokyo Gas Takes First Majority Stake in US Shale Producer

Tokyo Gas Takes First Majority Stake in US Shale Producer

Report Date Amount (MM) Description
2019-12-30

Castleton Resources Scoops Up Shell’s Remaining Haynesville Assets

Castleton Resources Scoops Up Shell’s Remaining Haynesville Assets

Report Date Amount (MM) Description
2017-05-12

Tokyo Gas Buys Stake In Castleton's East Texas Gas Unit

Tokyo Gas Buys Stake In Castleton's East Texas Gas Unit