Chesapeake Energy Announces Joint Venture

摘要

Los Angeles (Reuters) - Chesapeake Energy Corp. said on Thursday it has agreed to sell a 50% stake in some natural gas gathering and processing assets for $588 million in cash to a joint venture it formed with a New York based private equity fund.The energy company contributed all its midstream assets in the Barnett Shale and most of its non-shale midstream assets in the Arkoma, Anadarko, Delaware and Permian Basins to a joint venture to be formed by Chesapeake Midstream Partners LLC and the private equity fund, Global Infrastructure Partners.