Chesapeake Sells Second Haynesville Acreage Position for $465M

To sell acreage and producing properties in Haynesville Shale operating area in northern Louisiana to an affiliate of Covey Park Energy LLC. (Ca. 41,500 net acres and 326 operated and non-operated wells currently producing approximately 50 million cubic feet (MMcf/d.)) Transaction to close in the 1Q of 2017.