Rees-Jones Says He ‘Saved the Best for Last’ with Chief O&G Sale
Last week MDN brought you the news that Chesapeake Energy is buying Marcellus driller Chief Oil & Gas (plus associated non-operated assets from Tug Hill Operating) for $2 billion in cash and approximately 9.44 million common shares (see Chesapeake Buys Chief Oil & Gas & Non-op Tug Hill Assets for $2.6B). Chief is privately owned by Dallas, Texas billionaire Trevor Rees-Jones. With the deal signed, he's talking about how he "saved the best for last" with the sale of Chief...
To view this content, log into your member account. (Not a member? Join Today!)