Home Chesapeake Energy sells Oklahoma assets for $840 million to Denver driller
 

Keywords :   


Chesapeake Energy sells Oklahoma assets for $840 million to Denver driller

2015-07-02 20:27:49| Energy - Topix.net

Denver-based FourPoint Energy LLC will pay $840 million for assets owned by two subsidiaries of Chesapeake Energy Corp. - boosting the private oil and gas exploration company's position in Oklahoma's Western Anadarko Basin. The $840 million purchase price actually covers three transactions involving FourPoint, led by president and CEO George Solich , for the assets of Chesapeake Exploration LLC and CHK Cleveland Tonkawa LLC, two subsidiaries of Oklahoma City-basked Chesapeake Energy "It was a very challenging deal to do but we're excited that we're signed," Solich told the Denver Business Journal on Wednesday.

Tags: million energy assets oklahoma

Category:Energy and Environment

Latest from this category

All news

27.11110
27.11RIIZE BIGM
27.11BOX+BOX+2
27.11! 138
27.11 24
27.11702
27.11HOWL
27.11 THE CELL 5
Energy and Environment »
27.11110
27.11RIIZE BIGM
27.11BOX+BOX+2
27.11! 138
27.11 24
27.11702
27.11HOWL
27.11 THE CELL 5
More »