Archive for 'Global Infrastructure Partners'

Chesapeake Sells Permian Basin, Midstream Assets for $6.9B

Although we’ve known for a while that the embattled Chesapeake Energy has been shopping some of it’s shale basin and other assets in order to pay down debt, they’ve made a huge announcement today. Chesapeake has sold most of its Permian Basin acreage along with “substantially all of its midstream” assets for $6.9 billion. The [...]

Chesapeake in Advanced Talks to Sell Midstream Unit for $4B

Bloomberg news service reported yesterday that Chesapeake Energy is in advanced talks to sell its midstream subsidiary, Chesapeake Midstream, to Global Infrastructure Partners for $4 billion. Chesapeake Midstream operates not only in Texas and Louisiana, but also in the Pennsylvania Marcellus Shale.

 

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