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Linn Energy, LLC (LINE) Message Board

  • rlp2451 rlp2451 Oct 31, 2012 8:23 AM Flag

    CHK Offers Additonal Assets For Sale

    Chesapeake Energy Corp. has retained Meagher Energy Advisors to sell off its working interests from 42 wells on 37,200 net acres in the Woodford shale portion in southern Oklahoma.

    The producing assets include 42 wells (10 operated vertical wells, 30 non-operated vertical wells and 2 non-operated horizontal wells) in Carter, Love, Marshall and Bryan counties. The measured depths of the wells range from 7,000 feet to 22,000 feet. Chesapeake has about 37,200 net acres, with about 4,200 net acres held by production. The package includes some BIA/BLM and CLO leases.

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