SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Gold/Mining/Energy : Chesapeake Energy CHK
CHK 0.700+1.5%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw11/11/2008 8:16:08 AM
   of 725
 
Chesapeake, StatoilHydro announce alliance, joint venture in Marcellus Shale
biz.yahoo.com

StatoilHydro will pay $3.375 billion for a 32.5 percent interest in Chesapeake's assets in the so-called Marcellus Shale geologic formation -- about 1.8 million net acres -- in the Appalachian region. Oklahoma City-based Chesapeake would retain the remaining 67.5 percent interest in the assets.

StatoilHydro will pay $1.25 billion of the amount in cash at closing and $2.125 billion from 2009 to 2012 by funding 75 percent of Chesapeake's share of drilling and completion expenditures.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext