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Paloma Natural Gas LLC

About

Paloma Natural Gas LLC (PNG) is a privately held oil and gas company engaged in the development and production of natural gas in the Louisiana Haynesville. Founded in 2021, PNG is backed by EnCap Investments.

Headquarters Address

1100 Louisiana St, Suite 3800
Houston, TX 77002
United States

Main Phone Number
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News

Improving Gas Macro Heightens M&A Interest in Haynesville, Midcon

Buyer interest for Haynesville gas inventory is strong, according to Jefferies and Stephens M&A experts. But with little running room left in the Haynesville, buyers are searching other gassy basins.

Will TG Natural Resources Be the Next Haynesville M&A Buyer?

TG Natural Resources, majority owned by Tokyo Gas, is looking to add Haynesville locations as inventory grows scarce, CEO Craig Jarchow said.

Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise

Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.

Sources: Citadel Buys Haynesville E&P Paloma Natural Gas for $1.2B

Hedge fund giant Citadel’s acquisition includes approximately 60 undeveloped Haynesville locations, sources told Hart Energy.

Judgment Call: Ranking the Haynesville Shale’s Top E&P Producers

Companies such as Comstock Resources and Expand Energy topped rankings, based on the greatest productivity per lateral foot and other metrics— and depending on who did the scoring.

Operators Look to the Haynesville on Forecasts for Another 30 Bcf/d in NatGas Demand

Futures are up, but extra Haynesville Bcfs are being kept in the ground for now, while operators wait to see the Henry Hub prices. A more than $3.50 strip is required, and as much as $5 is preferred.

Chevron’s Texas Haynesville May Fetch $1B from Tokyo Gas—Report

Chevron holds more than 70,000 net acres in Panola County, Texas, but had only five Haynesville wells on the acreage at year-end 2023.

‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West

Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.

An Untapped Haynesville Block: Chevron Asset Attracts High Interest

Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.