US liquefied natural gas exporter Tellurian has purchased 5000 net acres in the Haynesville shale for $125 million.

Tellurian agreed to purchase the assets, with a net production of approximately 45 million cubic feet of gas per day, from EnSight Energy Partners and EnSight Haynesville Partners.

The company said it will pay for the transaction with cash on hand and anticipates closing the deal in the third quarter.

EnSight assets, located in four parishes on the state of Louisiana, include 44 producing wells and an additional five in progress.