Chesapeake Bulks Up In Southern Powder River Basin Through Trade

Transaction Type

Sellers

RKI Exploration & Production LLC

Buyers

Chesapeake Energy Corp.

Announce Date

Tue, 07/29/2014 - 12:00 PM

Post Date

Aug 4, 2014

Close Date

Fri, 08/01/2014 - 12:00 PM

Estimated Price

$450.0MM

Description

Purchased 203,000 net acres and 186 gross wells in the Powder River Basin in exchange for 137,000 net acres and 67 gross wells in the northern basin.

Chesapeake Bulks Up In Southern Powder River Basin Through Trade