Quantum Private Equity Scores Again, With Rumored $4.6B Sale Of U.S. Shale Gas Reserves To Japan

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Quantum Private Equity Scores Again, With Rumored $4.6B Sale Of U.S. Shale Gas Reserves To Japan
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New year, new deals for $19 billion private equity shop Quantum EP and CEO Wil VanLoh.

New year, new deals for $19 billion private equity shop Quantum Energy Partners and CEO Wil VanLoh.for $5.2 billion. Quantum had invested more than $1 billion into Tug Hill since 2014.Rockcliff EnergyTug Hill’s operations were based in the Marcellus shale of Pennsylvania and West Virginia. Whereas Rockcliff’s assets appear to be entirely within approximately 270,000 acres in the Haynesville shale gas fields of far east Texas — from which it produces some 1.4 billion cubic feet per day .

Rockcliff’s land in East Texas is prime location for supplying liquefied natural gas export terminals on the Gulf Coast. Which is precisely what Tokyo Gas is going after. Japanese energy giants like Inpex and Jera have recently made multi-billion-dollar deals to secure LNG supplies from the likes of Venture Global and Freeport LNG. Yet in the Rockcliff deal, Tokyo Gas aims to further up the value chain, to own in-ground reserves.

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