Chesapeake partners in Utica midstream venture

摘要

Chesapeake Energy Corp. (NYSE:CHK) announced the execution ofdefinitive agreements to build the largest integrated midstream service complex in eastern Ohio. Chesapeake, through affiliates of its wholly owned subsidiary, Chesapeake Midstream Development LP (CMD), has entered into a partnership with M3 Midstream LLC (Momentum) and EV Energy Partners LP (NASDAQ:EVEP) to develop the midstream services complex. The complex will provide necessary infrastructure to process natural gas and natural gas liquids (NGLs) in the liquids-rich Utica shale play in eastern Ohio.