Aethon is in negotiations to sell its natural gas assets, including an extensive pipeline network, with no guarantee of a final deal.

Aethon, which owns one of the largest privately-owned natural gas production operations in the US, is in negotiations to sell its assets, including an extensive pipeline network. The investments are backed by funds such as RedBird Capital Partners and the Ontario Teachers' Pension Plan. Talks have recently started and a possible deal with Mitsubishi could become one of the largest acquisitions in the US upstream natural gas sector in recent years.