TG Natural Resources LLC
About
TG Natural Resources is a company jointly owned by TG East Texas Resources LLC, a wholly owned subsidiary of Tokyo Gas America Ltd., and CCI U.S. Asset Holdings LLC, a wholly owned subsidiary of Castleton Commodities International LLC. TG Natural Resources is focused on consolidating its East Texas and North Louisiana platform through strategic acquisitions possessing predictable development upside that yields strong returns to its shareholders.
The company was formerly known as Castleton Resources LLC.
Editor's note: Updated Oct. 5, 2021.
Headquarters Address
811 Main Street, Suite 1500
Houston, TX 77002
United States
Website
tgnr.comTransactions
Range Resources Agrees to North Louisiana Asset Sale for $245 Million
Range Resources Agrees to North Louisiana Asset Sale for $245 Million
Tokyo Gas Takes First Majority Stake in US Shale Producer
Tokyo Gas Takes First Majority Stake in US Shale Producer
Castleton Resources Scoops Up Shell’s Remaining Haynesville Assets
Castleton Resources Scoops Up Shell’s Remaining Haynesville Assets
Tokyo Gas Buys Stake In Castleton's East Texas Gas Unit
Tokyo Gas Buys Stake In Castleton's East Texas Gas Unit
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News
Kimmeridge’s Ben Dell: International Investors Return to US Shale Gas
Fresh off announcing a deal with UAE’s Mubadala Energy, Kimmeridge’s Ben Dell phoned Hart Energy from Abu Dhabi to discuss returning international interest in U.S. natural gas.
Abu Dhabi’s Mubadala Buys Stake in Kimmeridge Shale Gas, LNG Ventures
Mubadala Energy, owned by Abu Dhabi’s sovereign wealth fund, is buying a stake in Kimmeridge Texas Gas (KTG) and Commonwealth LNG as the United Arab Emirates company makes an entry into U.S. shale.
South Bow Shuts Down Keystone Pipeline After Oil Release
South Bow Corp. reported a release of approximately 3,500 bbl near Fort Ransom, North Dakota, and it is evaluating the return-to-service plans.
TG Natural Resources Boasts 20 Years of Haynesville Inventory
TG Natural Resources President and CEO Craig Jarchow said the company’s valuable Haynesville inventory provides a line of sight for investors 20 years down the line.
Exxon Sits on Undeveloped Haynesville Assets as Peers Jockey for Inventory
Exxon Mobil still quietly holds hundreds of locations in the Haynesville Shale, where buyer interest is strong and inventory is scarce.
ConocoPhillips Shopping Marathon’s Anadarko Assets for $1B— Source
ConocoPhillips is marketing Anadarko Basin assets it picked up through a $22.5 billion acquisition of Marathon Oil last year, Hart Energy has learned.
Haynesville Horsepower: Rigs Needed to Crest the Coming ‘Wall of Demand’
How many drilling rigs are needed in the Haynesville Shale to meet growing natural gas demand for LNG exports? Keybanc ran the numbers.
TG Natural Resources Wins Chevron’s Haynesville Assets for $525MM
Marketed by Chevron Corp. for more than a year, the 71,000-contiguous-net-undeveloped-acreage sold to TG Natural Resources is valued by the supermajor at $1.2 billion at current Henry Hub futures.
‘Golden Age’ of NatGas Comes into Focus as Energy Market Landscape Shifts
As prices rise, M&A interest shifts to the Haynesville Shale and other gassy basins.
Japan’s Mitsui Testing Western Haynesville Alongside Comstock, Aethon
Japanese firm Mitsui has plans to drill a horizontal well in the emerging western Haynesville play as renewed foreign investment in U.S. shale continues to pick up steam.
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.
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
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.