Deals
Southwestern Said in Talks to Buy Blackstone Gas Producer
- GeoSouthern has been marketing assets in the Haynesville Shale
- Several gas producers announced M&A deals as prices soared
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Southwestern Energy Co. is in talks to buy closely held GeoSouthern for roughly $1.7 billion, less than two months after purchasing gas producer Indigo Natural Resources, according to people with knowledge of the matter.
Discussions are at an advanced stage, though a deal could still fall through, said the people, who declined to be named because the talks are ongoing and private.