Aethon Energy Reportedly Seeking $6 Billion Sale of Haynesville Assets

Bankers hired by Aethon Energy reached out in the final weeks of 2021 to a small number of potential buyers to gauge initial interest in its Haynesville assets in North Louisiana, sources say.

David French, Reuters

Aethon Energy Management LLC is exploring a sale of its Haynesvill Shale acreage in North Louisiana which could be valued at around $6 billion, including debt, people familiar with the matter said.

Bankers hired by Aethon reached out in the final weeks of 2021 to a small number of potential buyers to gauge initial interest in its Haynesville assets in North Louisiana, the sources said, ahead of a formal sale process later this year. Aethon’s assets in the East Texas portion of the Haynesville shale formation are not part of the process, the sources added.

The sources, who spoke on condition of anonymity to discuss confidential information, cautioned there was no guarantee that Aethon would complete a sale.

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