Tapstone Energy Wins Chesapeake’s Midcontinent Assets in Bankruptcy Auction

Transaction Type

Sellers

Chesapeake Energy Corp.

Buyers

Tapstone Energy LLC

Basin

Midcontinent

Announce Date

Thu, 10/01/2020 - 12:00 PM

Post Date

Oct 1, 2020

Close Date

Thu, 10/01/2020 - 12:00 PM

Estimated Price

$130.0MM

Description

Bought some of Chesapeake’s Midcontinent assets as part of a bankruptcy auction; includes 752,000 net acres.