Chesapeake Energy Refocuses on Shale Gas with Powder River Basin Exit
Transaction Type
Sellers
Buyers
Basin
Powder River Basin
Announce Date
Post Date
Estimated Price
450MM
Description
To purchase Chesapeake’s Powder River Basin position comprising approximately 172,000 net acres and 350 operated wells in SE WY average about 19,000 boe/d (58% oil and NGL) of 4Q 2021 production. (Expected to close 1Q 2022)