Top Story | Deals - On The Market | Corporate Strategy
Chesapeake Engages Evercore to Market Eagle Ford Portfolio
Email
Print 
Bookmark
Chesapeake Energy Corp. has tapped investment banking firm Evercore to assist in selling its Eagle Ford asset portfolio, according to a report by Bloomberg.
In early August, Chesapeake signaled that it will be exiting all oil-focused ventures, and will divert the bulk of its investments on shale gas assets in the Marcellus and Haynesville.
Per the report, the sale is expected to open the week of September 5th.
Chesapeake's Eagle Ford Portfolio
Currently, Chesapeake has approximately 610,000 net acres in the play (map below) and produced 88,000 BOEPD in 2Q22.
Chesapeake's Eagle Ford Acreage
Related Categories :
Deals - On The Market
More Deals - On The Market News
-
Exxon Puts Gas-Heavy Appalachian Assets Up for Sale
-
Large PE-Backed Permian E&P Looking for Buyer; Deal Value Could Top $2.0B -
-
Supermajor Mulling Sale of Permian Basin Portfolio; Could Fetch Up to $10B
-
Bakken Operators Looking to Divest 36,000 Barrels Per Day -
-
Report: Ovintiv Looking to Sell Eagle Ford Assets
Gulf Coast News >>>
-
Why $90 Oil Isn’t Bringing Back the Rigs -
-
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
-
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
-
An Eagle Ford Team That Cashed Out Is Back for Another Cycle -
-
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
