About Castleton Resources
Castleton Resources is focused on consolidating its East Texas platform through strategic acquisitions possessing predictable development upside that yields strong returns to its shareholders.
Castleton Resources acquired its current East Texas portfolio through multiple transactions starting in 2014 and continued to build its position through the acquisition of EDF’s East Texas assets in 2015. In 2016, Castleton Resources acquired Anadarko Petroleum Corporation’s Carthage upstream and midstream assets in East Texas for approximately $1 billion.
Castleton Resources is taking advantage of several key macro and micro factors that support our strategic vision to be a consolidator of E&P assets in the Ark-La-Tex region. Stacked-pay potential in this region rivals that of the Permian Basin and exceeds that of other North American basins.