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Published: July 18, 2008
Company sells stake in shale gas field
Chesapeake Energy Corp. announced Thursday it is selling its interest in about 90,000 acres in the Woodford Shale natural gas field in southeast Oklahoma.
Houston -based BP America , which already has a presence in the field, is buying the interests for $1.75 billion, officials said.
Aubrey McClendon , Chesapeake 's chairman and chief executive officer, said his company was looking to sell its interest in th...
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