Geosouthern Buys Encana -

: The buyer was GEP Haynesville LLC , a joint venture between GeoSouthern Haynesville, LP and funds managed by GSO Capital Partners LP , the credit arm of Blackstone . Strategy: Why the Trade?

: At the time of the sale, the properties produced an average of 217 million cubic feet per day (mmcf/d) and held estimated proved reserves of 720 billion cubic feet . geosouthern buys encana

: Approximately 112,000 net acres and 300 operated wells primarily located in DeSoto and Red River Parishes, Louisiana. : The buyer was GEP Haynesville LLC ,