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Chesapeake Trades Future Royalties on 8,500 Wells for Lump Sum Now | Marcellus Drilling News
Haymaker Resources has just signed a deal with Chesapeake Energy to give Chessy $128 million in return for ownership of mineral and royalty interests in 8,500+ wells across 24 states and 324 counties, including wells in the Marcellus/Utica. The mineral/royalty interests Chesapeake is selling are considered "non-core" for the company. These are wells in which