Mitsubishi’s $7.5B acquisition of Haynesville assets boosts its Louisiana footprint

Mitsubishi Corp. acquired Aethon Energy Management’s Haynesville Shale assets for $7.5 billion, expanding its natural gas operations in Louisiana and Texas. The deal includes 400,000 gas-producing acres and pipeline infrastructure, complementing Mitsubishi’s existing stake in the Cameron LNG terminal to secure low-cost gas supplies.