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 would sell a 32.5 percent interest to Norwegian energy company Statoil Hydro, while maintaining a working interest of 67.5 percent, [...]
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. Read Post
Consol Energy will buy the Appalachian natural gas properties of Dominion Resources for $3.48 billion in cash, giving it a leading position in the growing Marcellus Shale field, Reuters reports. Read Post