Expand Energy Corp.
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About
Expand Energy Corp. was formed out of the $7.4 billion merger of Chesapeake Energy Corp. and Southwestern Energy Co.
Combined, Expand Energy replaces EQT as the largest U.S. natural gas producer, with large footprints in the Appalachia and Haynesville shale basins.
Headquartered in Oklahoma City, Expand Energy’s operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the U.S. The company also owns oil and natural gas marketing and natural gas gathering and compression businesses.
News
Investment Firm Aethon Explores Options for $10B US Natgas Assets, Sources Say
U.S. energy-focused investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets that include a sale or an initial public offering at a valuation of about $10 billion, including debt, people familiar with the matter said on Nov. 12.
Expand Energy: Chesapeake’s Bankruptcy to Largest Gas Producer in US
Before Expand Energy could boast itself as the largest by volume natural gas-weighted E&P in the U.S., its predecessor Chesapeake Energy had to climb out of bankruptcy.