Thursday, 16 October 2014

Chesapeake sells Marcellus, Utica assets for $5.375 billion

OKLAHOMA CITY, Oklahoma -- Chesapeake Energy Corporation is to sell assets in the southern Marcellus shale and a portion of the eastern Utica shale in West Virginia to Southwestern Energy Company for $5.375 billion. The transaction is expected to close in fourth-quarter 2014.


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