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Aethon Energy

Abraxas Petroleum Corporation is an E&P company.

The word AETHON in uppercase letters, referencing Top Haynesville operator Aethon Energy, with a stylized horse head graphic integrated into the letter N on a white background.

Location

Dallas, Texas

Founded

1990

Founders

Albert Huddleston

Revenue

<$500M

About

Aethon Energy

Aethon Energy is a privately held upstream oil and gas company focused on large-scale natural gas development in the Haynesville Shale of East Texas and North Louisiana. In 2026, Mitsubishi Corporation agreed to acquire Aethon’s Haynesville assets in a $7.2 billion transaction, marking a significant shift in ownership and signaling increased international investment in U.S. shale gas tied to global LNG demand. The deal reinforces the Haynesville’s strategic importance as a key natural gas supply source for Gulf Coast LNG exports.

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