Chesapeake in $2 billion midstream deal

Tue Dec 11, 2012 5:51pm EST

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Dec 11 (Reuters) - Chesapeake Energy Corp said in Tuesday it agreed to sell most of its remaining natural gas processing and gathering assets to Access Midstream Partners LP for $2.16 billion.

The Oklahoma City, Oklahoma company said it expects to reach deals worth $425 million for its remaining midstream properties by the end of the next year's first quarter.

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