Chesapeake energy corporation announces sale of initial eagle ford package for $1.425 billion

Oklahoma city , jan. 18, 2023 /prnewswire/ -- chesapeake energy corporation (nasdaq:chk) today announced that it has entered into an agreement to sell the brazos valley region of its eagle ford asset to wildfire energy i llc for $1.425 billion. "today marks an important step on our path to exiting the eagle ford as we focus our capital on the premium, rock, returns and runway of our marcellus and haynesville positions," said chesapeake president and chief executive officer nick dell'osso.
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