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Chesapeake Sells Mississippi Lime Midstream Operation for $300M | Marcellus Drilling News
Yesterday, SemGroup Corporation announced it had signed an agreement with Chesapeake Energy to purchase all of the assets of Mid-America Midstream Gas Services (a Chessy subsidiary), which owns gas gathering pipelines and processing plants in the Mississippi Lime play. SemGroup is paying Chessy $300 million in cash. Technically it's not a Marcellus/Utica deal, but MDN