Exco Resources Inc.’s (NYSE: XCO) $300 million Eagle Ford sale—with proceeds set to fund Haynesville operations—has been held up by a subsidiary of Chesapeake Energy Corp. (NYSE: CHK), Exco contends in legal and regulatory filings.

Exco said June 23 it was forced to shut in a “large number” of oil and gas wells and postpone closing its South Texas deal with Venado Oil and Gas LLC following action taken by Chesapeake Energy Marketing LLC. The company is accused in legal action of seeking to end a contract for the sale and purchase of natural gas with Exco affiliate Raider Marketing LP.

Chesapeake’s contract purchases associated gas from Exco oil wells in the Eagle Ford under an April 2013 agreement. Chesapeake has said it did not act improperly.

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