Reuters exclusively reveals Chesapeake Energy nears $2.4 bln deal to buy Chief Oil & Gas - Reuters News Agency
Business & FinanceDealsEnergy

Reuters exclusively reveals Chesapeake Energy nears $2.4 bln deal to buy Chief Oil & Gas

Chesapeake Energy Corp shares dropped as much 3.4% after Reuters exclusively reported that the company is in talks to acquire privately owned natural gas producer Chief Oil & Gas for around $2.4 billion, including debt. The acquisition by Chesapeake, a U.S. shale gas and oil producer that only emerged from bankruptcy just last year, underscores the recovery of parts of the energy industry as natural resource prices surge to multi-year highs. 

Article Tags
Topics of Interest: Business & FinanceDealsEnergy
Type: Reuters Best
Sectors: Business & FinanceCommodities & EnergyUtilities & Other Energy
Regions: North America
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo
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