Oil & Gas News

Chesapeake to Acquire Chief E&D

Chesapeake Energy (NASDAQ:CHK) to acquire Chief E&D Holdings US$2 billion in cash and approximately 9.44 million shares. The deal includes associated interests held by Tug Hill. Chesapeake also announced the sale of its Powder River Basin assets in Wyoming to Continental Resources (NYSE:CLR) for approximately US$450 million in cash. Both deals are subject to regulatory […]

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