19 April 2024
Chesapeake Energy to sell Fayetteville shale stake
Publication date: 08 February 2011
Gas Strategies Group
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ISSN: 0964-8496
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Chesapeake Energy, the second largest US gas producer, is offering to sell its assets in the Arkansas Fayetteville shale play, and stakes in service companies Frac Tech Holdings and Chaparral Energy to raise $5 billion to reduce its reported $15 billion debt.