Chesapeake Energy Corporation (NYSE:CHK) announced that it has executed
a Purchase and Sale Agreement to sell assets in the Southern Marcellus
Shale and a portion of the Eastern Utica Shale in West Virginia to
Southwestern Energy Company (NYSE:SWN) (“Southwestern”) for aggregate
proceeds of $5.375 billion.
for Chesapeake Energy Corporation Announces Sale of Southern Marcellus and Utica Shale Assets for Proceeds of $5.375 Billion investment picks