Jera, via its unit Jera Americas, announced the closing of the $1.5 billiob acquisition, which was revealed in October 2025, in a statement on Thursday.
Jera Americas purchased 100 percent of the interests in the South Mansfield upstream asset located in western Louisiana’s Haynesville shale basin from Williams and GEP Haynesville.
The project benefits from proximity to Gulf Coast infrastructure and existing pipeline access, and development plans include capturing and sequestering associated carbon dioxide from production, aligning with Jera’s lower‑carbon strategy.
Jera saidt the transaction further expands its investment footprint across Louisiana, which spans natural gas, LNG, renewables, advanced fuels, and carbon reduction technologies.
Collectively, these investments represent “billions of dollars in capital deployment to support job creation, expand local tax bases, and stimulate long‑term economic activity.”
Jera noted that its key Louisiana projects include LNG offtake agreements, including 1.2 million tons per annum from Cameron LNG and contracts for up to an additional 3 million tons per annum of future LNG offtake from Louisiana.
“Louisiana is a strategic priority for JERA, and the Haynesville acquisition — in addition to our other commitments across the state — and underscores our intention to be a long-term partner in Louisiana’s energy economy,” said John O’Brien, chief executive officer of Jera Americas.