Noble Energy has agreed to pay $3.4 billion for a 50 percent stake in Consol Energy's venture in the massive Marcellus shale formation, reflecting the strong demand for natural gas assets.
Chesapeake Energy has closed a $3.37 billion sale on rights to the massive Marcellus Shale natural gas deposits in Appalachian region, the company said Tuesday. The nation’s largest natural gas producer announced two weeks ago it wo... Read Post
The French oil giant Total bought a piece of Chesapeake Energy's Ohio shale operation for $2.32 billion, as demand increases for natural gas assets. Read Post