TG Natural Resources Acquires Rockcliff Energy II from Quantum for $2.7 Billion
December 15, 2023
TG Natural Resources LLC (backed by Tokyo Gas America and Castleton Commodities International) agreed to acquire 100% of Rockcliff Energy II LLC from Quantum Energy Partners/Quantum Capital Group for approximately $2.7 billion. Rockcliff is an upstream natural gas producer focused on the East Texas Haynesville shale with field headquarters in Longview, Texas and ~1.3 Bcf/d gross operated production; the deal closed following customary approvals.
- Buyers
- TG Natural Resources LLC, Tokyo Gas America, Castleton Commodities International LLC
- Targets
- Rockcliff Energy II LLC
- Sellers
- Quantum Energy Partners, Quantum Capital Group
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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