$500 Million STACK Sale to Newfield Bumps Chesapeake to $1.2 Billion in Proceeds from Divestitures in 2016
Chesapeake Reports Q1 2016
Chesapeake Energy Corporation (ticker: CHK) reported its Q1 financial and operational results. Highlights follow:
- Signed agreement to sell approximately 42,000 net acres prospective for the STACK play in Oklahoma for approximately $470 million; includes current production