A Houston company says it has agreed to buy 219 wells in north Louisiana, East Texas and Arkansas as part of a $218 million deal with Chesapeake Energy of Oklahoma City.
Indigo Minerals LLC also will get working interest in 300 non-operated wells in 60 fields which were producing about 26 million cubic feet equivalent of natural gas per day on March 1.
A news release on its Web site says about 40,000 undeveloped acres bring the deal’s total to more than 122,000 net acres on which it plans to drill hundreds of development wells. Chesapeake will keep lease rights to the Haynesville Shale and lower formations.
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Indigo said it has netted about $611 million in the past year by selling Haynesville Shale mineral and leasehold positions.
