US INDEPENDENT EP Energy has hired advisers to explore the sale of its position in the Haynesville shale tight gas play where it is looking to capitalise on renewed interest from outside investors.
Houston-based EP is working with investment banks Jefferies and JP Morgan to market its Haynesville operations, according to Upstream sources.
The company produces around 94 million cubic feet of natural gas per day from its 38,000-acre position centred in the Bossier and Desoto parishes in Louisiana.
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