Friday, December 28, 2012

Chesapeake Energy Closes on Midstream Asset Sale

From Pittsburgh Business Times:
Chesapeake Energy has closed on the sale of its midstream assets in the Marcellus, Utica and other shale plays to Access Midstream Partners LP, the natural gas producer said in an SEC filingThursday.
The sale price of Chesapeake Midstream Operating was $2.16 billion. It also includes midstream gas processing and processing assets in the Niobrara, Haynesville and Eagle Ford shales, according to the SEC filing.
Chesapeake (NYSE: CHK) is a major driller in the Marcellus Shale in Pennsylvania with local headquarters at Southpointe.
Read more here. 

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