Chesapeake selling Ark. property | Arkansas Blog

Monday, February 7, 2011

Chesapeake selling Ark. property

Posted By on Mon, Feb 7, 2011 at 8:05 AM

Chesapeake Energy says it hopes to sell all its holdings in the Fayetteville shale plus investments in a couple of drilling-related companies for $5 billion to reduce debt. We could hope for a more communications-friendly buyer with a demonstrated commitment to maintaining roads and environmental protection, not to mention less resistance to sharing the payload from this non-renewable resource with the state giving it up.

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