Chesapeake Energy Refocuses On Shale Gas With Chief,Tug Hill Acquisition

摘要

CHESAPEAKE ENERGY CORP.refocused its portfolio on shale gas on Jan.25 with a flurry of A&D activity totaling over $3 billion that included the previously rumored acquisition of Chief Oil & Gas and an exit from the Powder River Basin."In less than a year,we have achieved our goal of refocusing and high-grading our portfolio around our core aBets,positioning us to generate meaningful returns for shareholders today while embracing lower carbon energy production for tomorrow,"president and CEO Nick Dell'OBo said in a news release.