Chesapeake Sells Some of Its Natural Gas Assets in Ky. And W.Va.
Charleston Daily Mail › January 04, 2008
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Summary
OKLAHOMA CITY - Chesapeake Energy Corp. has sold some of its natural gas assets in Kentucky and West Virginia to UBS AG and Deutsche Bank's DB Energy Trading LLC unit for $1.1 billion.
Aubrey K. McClendon, chief executive for Oklahoma City-based Chesapeake, said Wednesday the move is part of a company plan to raise an additional $2 billion through such sales this year and next.See the full content of this document
Extract
Chesapeake Sells Some of Its Natural Gas Assets in Ky. And W.Va.
Proceeds will be "redeployed into our low-risk drilling program at an...
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