Rockcliff Energy LLC said Monday it has acquired approximately 60,000 net acres in East Texas prospective to the Haynesville Shale from an undisclosed seller.
Houston-based Rockcliff said the properties, which are substantially held by production, are located in Texas's Harrison and Panola counties. The company did not disclose terms of the transaction.
The acquisition follows news earlier this month that an affiliate of Rockcliff agreed to purchase about 210,000 net acres in East Texas and North Louisiana from Samson Resources II LLC for $525 million. The Samson deal, which is subject to closing conditions, is expected to close by Sept. 29 with an effective date of Aug. 1. Acreage in the Samson deal is prospective to the Cotton Valley and Travis Peak formations, the Haynesville Shale and Bossier sands, and holds 90 MMcfe/d net.
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