April 15, 2013 / 3:30 PM / 5 years ago

Energy & Exploration Partners buys Chesapeake acreage, output

April 15 (Reuters) - Energy & Exploration Partners Inc said on Monday it has acquired oil and gas acreage and some producing wells in east Texas from Chesapeake Energy Corp.

No purchase price was disclosed and a call to privately held Energy & Exploration was not immediately returned.

Chesapeake plans to sell up to $7 billion of its oil and natural gas properties this year to help fill a funding shortfall.

Energy & Exploration said it bought 57,275 acres and 11 producing wells in the Woodbine/Eagle Ford formation.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below