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TotalEnergies to buy 49% stake in Continental Resources’ gas assets

TotalEnergies has entered into an agreement to purchase a 49% interest in natural gas-producing assets in the Anadarko Basin, Oklahoma, US. The assets are owned and operated by US-based independent oil producer Continental Resources and are linked to the Henry Hub via existing midstream infrastructure. These assets are expected to have gross production potential of around 350 million standard cubic feet per day (mscf/d) by 2030, with the capacity to sustain that level over the long term. On a net basis, ...