Chesapeake Energy To Buy Haynesville's Vine Energy For $2.2 Billion

摘要

CHESAPEAKE ENERGY CORP.agreed on Aug.11 to acquire Vine Energy Inc.,which is set to make Oklahoma City-based company the largest producer in the Haynesville Shale.The acquisition is a"zero premium"transaction valued at approximately $2.2 billion,based on a 30-day average exchange ratio as of close on Aug.10,equating to $15 per share.The deal is also expected to help consolidate Chesapeake's position in Louisiana's Haynesville Shale,as the company bets on the gas basin's proximity to the growing LNG export hub along the U.S.Gulf Coast,according to Andrew Dittmar,senior M&A analyst at Enverus.