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

Castleton Resources, owned by a global energy commodity merchant and Tokyo Gas, has steadily been building a position of gas assets in…

Producing 6.5 million barrels equivalent per day, these 100 private producers represent the best of the U.S. oil and gas industry.

The shale play that wouldn’t quit is back in the ring—and winning.

Taking in an expansive East Texas portfolio in 2016, Castleton Resources subsequently brought in Tokyo Gas America Ltd. as its partner…

Operators at Hart Energy’s DUG Haynesville conference and exhibition praise the overlooked shale basin for all of its economic glory…

Transactions

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