April 04, 2024
Weil is advising Mesa Royalties III Holdings, LLC and affiliates in its acquisition of oil and gas mineral and royalty interests in the Haynesville shale play from an undisclosed private seller. The acquisition included approximately 6,200 net royalty acres across various counties and parishes in the core of the Haynesville shale play, as well as approximately 253 gross and 2.0 net producing wells operated by top operators Aethon, Southwestern, and Chesapeake. This deal is a continuation of Mesa’s efforts to expand its existing footprint underlying the prolific Haynesville and Mid-Bossier zones in North Louisiana and East Texas.
Mesa manages a portfolio consisting of interest in over 1,400 horizontal wells across the Permian and Haynesville shale basins.
The Weil team is led by Private Equity partner Cody Carper and includes associate Greg Kerr.