Centalion acquires Hainesville natural gas assets from Silver Hill
路透社2026/10/05 20:41Reuters, October 5 - Centalion Group announced on Monday that it has acquired upstream and midstream natural gas assets in the Haynesville region of Texas and Louisiana from Texas-based private shale company Silver Hill Energy Partners. The commodities trader, formerly known as Gunvor, rebranded as Centalion Group last week (link), and stated plans to relocate its corporate headquarters from Cyprus to Singapore. A spokesperson for Centalion Group said the Haynesville platform, composed of Post Oak and Silver Hill assets, has an enterprise value of approximately $2 billion. In August, Reuters cited sources stating that Centalion Group (link) was negotiating the acquisition of Silver Hill's assets, with a deal valued between $1.2 billion and $1.5 billion. The assets currently produce about 300 million cubic feet per day of natural gas (MMcfd), and the portfolio includes approximately 72,000 net acres in the Haynesville and Bossier development areas. "Our consideration was to establish operations in this basin, a hub for both domestic and export markets, in order to seize this option and create value from it," the spokesperson added. (To assist non-English speakers, Reuters offers automated translation of its reports into several other languages. Due to possible errors in automated translations or missing required context, Reuters does not guarantee the accuracy of automated translation texts, and provides them solely for readers' convenience. Reuters is not liable for any damages or losses resulting from the use of the automated translation feature.)
Reuters, October 5 - Centalion Group said on Monday that it has acquired upstream and midstream natural gas assets in the Haynesville region of Texas and Louisiana from Texas-based private shale company Silver Hill Energy Partners.
This commodity trader, formerly known as Gunvor, was renamed Centalion Group (link) last week and announced plans to move its headquarters from Cyprus to Singapore.
A spokesperson for Centalion Group stated that the Haynesville platform, consisting of assets from Post Oak and Silver Hill, has an enterprise value of approximately $2 billion.
Reuters reported in August, citing sources, that Centalion Group (link) was in talks to acquire Silver Hill’s assets, with a deal valuation between $1.2 billion and $1.5 billion.
Current net natural gas production from the assets is around 300 million cubic feet per day (MMcfd), and the portfolio includes approximately 72,000 net acres in the Haynesville and Bossier development areas.
“Our intention is to establish a business footprint in the basin that serves as a hub for both domestic and export markets, thereby capturing this option and creating value from it,” the spokesperson added.
(To assist non-English speakers, Reuters provides its reports translated automatically into several other languages. Because automated translation may contain errors or lack context, Reuters does not guarantee the accuracy of the automated translation. This service is offered solely for readers’ convenience. Reuters accepts no responsibility for any harm or loss resulting from the use of automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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