Chesapeake CEO Says Lots of Interest in Buying Its Eagle Ford Assets
In April 2021, MDN brought you the news that Chesapeake Energy, after buying Eagle Ford oil assets in 2018 for $4 billion (during the reign of Doug Lawler), was looking to unload those assets for around $2 billion (see 50% Off Deal! Chesapeake Rumored to Shop Eagle Ford for $2B). The company hired Evercore in August of this year to conduct an auction of the assets (see Chesapeake Energy Hires Evercore to Auction Off Eagle Ford Assets). New CEO Nick Dell’Osso says there has been a “tremendous amount of interest” in the company's EF assets.
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