Rockcliff Energy acquires additional Haynesville shale rights

8/16/2017

HOUSTON -- Rockcliff Energy has announced that, in addition to its pending acquisition of Samson's East Texas and North Louisiana properties, it has acquired approximately 60,000 net acres of Haynesville shale rights; the seller's name and terms of the transaction were not disclosed. The properties, which are substantially all held by production, are located primarily in Harrison and Panola Counties, Texas.

"Combined with our previously announced Samson acquisition, Rockcliff will have assembled a large, strategic position of approximately 180,000 net acres in the Haynesville shale play. We intend to apply the latest technology alongside our team's deep Haynesville experience to successfully develop this premier acreage position. And in addition to the acreage's favorable technical merits, we have the added commercial benefit of being located in close proximity to major natural gas markets," said Alan Smith, Rockcliff's president and CEO.

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