Newfield to acquire STACK acreage from Chesapeake unit

Newfield Exploration Co., The Woodlands, Tex., has agreed to acquire 42,000 net acres in the Anadarko basin STACK play of Oklahoma from a subsidiary of Chesapeake Energy Corp., Oklahoma City, for $470 million. The deal is effective Apr. 1, and is expected to close during the second quarter.

Read Full Article Here

For more great articles: Oil & Gas Journal – General Interest

(Visited 41 times, 1 visits today)