Tag: Saddle Barnett Resources

Chesapeake Energy to sell Barnett land, renegotiate Williams contract

Chesapeake Energy shares up in after-hours trading Aug 10 (Reuters) – Chesapeake Energy Corp said on Wednesday that it would sell its Barnett shale acreage in Texas to private equity-backed Saddle Barnett Resources LLC and had renegotiated an expensive pipeline contract with Williams Partners LP, steps that should save more than $1.9 billion in future liabilities. […]