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ALT - Castleton expands in the Haynesville as Shell exits again - January 9, 2020



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Shell has left the Haynesville again. The first time the supermajor exited the play, in 2014, it sold 107,000 net acres producing 250 MMcf/d from 418 wells to Vine Oil & Gas and Blackstone Group for $1.2 billion. Shell found itself with another sizable position there through its 2016 acquisition of BG Group. At the time, there was much discussion about what Shell would do with the assets since it had so recently opted......
 
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