August 10, 2012
Chesapeake is settling down and focusing its efforts on reducing its enormous debt load of $13.8 billion. The company has publicly stated it intends to offload $7 billion in assets this quarter to shore up its balance sheet. The second-largest natural gas producer is also looking to deal vast acres in the promising Permian Basin in West Texas. The trick is to find buyers that will offer top prices. But who might be in on the Chesapeake sweepstakes? Watch the video below for more information.
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