It is no surprise for investors to see Chesapeake Energy (CHK +0.00%) in the news for yet another asset sale. This time the company is selling 162,000 net acres in the Marcellus Shale to Southwestern Energy (SWN +0.00%) for $93 million. In this video, Fool.com contributor Aimee Duffy take a look at the details of this deal and how it fits into Chesapeake's long-term goal of divesting $4 billion-$7 billion in assets this year.
Chesapeake Sells Again
By Aimee Duffy and Tyler Crowe – May 1, 2013 at 11:59AM
OTC: CHKA.Q
Chesapeake Energy
Chesapeake Energy divests 160,000 acres in the Marcellus Shale.
About the Author
Contributing to Fool.com since 2011.
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