Chesapeake Energy Agrees To Sell Utica Shale Position For $2 Billion

Transaction Type
Appalachian Basin
Announce Date
Post Date
Close Date
Estimated Price

Acquired Chesapeake's OH acreage, of which about 320,000 net acres are in the commercial window for the Utica Shale, 920 operated and nonop wells which produced an average of about 107,000 boe/d (67% natural gas, 24% NGL and 9% oil) in 2017, on a net basis, and related property and equipment.