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Southwestern bulks up investment in Haynesville Shale in Q1 2022: earnings

April 29, 2022 Comments Off

Southwestern Energy’s strategic pivot to the Haynesville Shale tilted even further to the Louisiana basin than expected in the first quarter of 2022, driven in part by improved well performance and legacy planning from its two acquisitions, company executives told analysts in an April 29 earnings call. In the first quarter of 2022, Southwestern deployed 60% of capital toward the…