Summary
Chesapeake Energy Corp. of Oklahoma City and Goodrich Petroleum Corp. of Houston have formed a joint venture to develop Goodrich's Haynesville Shale acreage in the Bethany-Longstreet and Longwood fields in Louisiana.
Chesapeake has agreed to pay Goodrich $178 million for the deep rights to a 10,250-net-acre oil and natural gas leasehold in the Longwood field. Chesapeake also agreed to buy 7,500 net acres of deep rights in the Bethany-Longstreet field from a third party.See the full content of this document
Extract
Okc-Based Chesapeake, Goodrich Plan Louisiana Venture
Chesapeake will be the operato...
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