• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks
    market news

    Chesapeake Energy $2.6 Billion Oil Asset Monetization Transaction

    Investing News Network
    Apr. 09, 2012 05:11PM PST
    Resource Investing News

    NASDAQ reported that Chesapeake Energy Corp. (NYSE:CHK) updated on three oil and gas asset monetization transactions of almost $2.6 billion.

    NASDAQ reported that Chesapeake Energy Corp. (NYSE:CHK) updated on three oil and gas asset monetization transactions of almost $2.6 billion.

    As quoted in the market news:

    Chesapeake stated that it has completed the sale of preferred shares of a newly formed unrestricted, non-guarantor consolidated subsidiary, CHK Cleveland Tonkawa, L.L.C. or CHK C-T, and a 3.75% overriding royalty interest in the first 1,000 new net wells to be drilled on CHK C-T leasehold and certain wells contributed at closing for proceeds of $1.25 billion.

    Click here to read the full NASDAQ report.

    nyse:chkmarket news
    The Conversation (0)

    Go Deeper

    AI Powered
    Oil barrel with stock graph going up.

    Top 5 US Oil and Gas Dividend Stocks in 2025

    Stock market board with "mergers and acquisitions" in pixelated green and red letters.

    Crescent Energy Boosts Status with US$3.1 Billion Vital Energy Buyout

    Latest News

    High-Grade Gold Intersected on Globex's Kewagama Gold Royalty Claims

    Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

    Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

    Pinnacle Defines High-Grade Gold-Silver Mineralization in Dos de Mayo Mine at El Potrero

    Heritage Mining Confirms Broad Zone of Gold Mineralization within a Mega-Quartz Vein System

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×