Chesapeake sells off oil patch holdings

Earlier this week, Chesapeake Energy, announced that as part of its bankruptcy progression, it had reached an agreement to sell its Mid-Continent operational area holdings to an Oklahoma-based company. According to reports, if the sale is fi nalized, Tapstone Energy, based OklahomaCity, will purchase Chesapeake’s holdings of approximately 736,000 acres for $85 million. Chesapeake claims that…

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