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Sinopec to buy stake in Chesapeake assets for $1.02 billion

A Chinese New Year lantern installation is displayed outside a Sinopec gas station in Hong Kong February 5, 2013. REUTERS/Bobby Yip

A Chinese New Year lantern installation is displayed outside a Sinopec gas station in Hong Kong February 5, 2013. REUTERS/Bobby Yip

A Chinese New Year lantern installation is displayed outside a Sinopec gas station in Hong Kong February 5, 2013. REUTERS/Bobby Yip
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Chesapeake Energy Corporation's 50 acre campus is seen in Oklahoma City, Oklahoma, on April 17, 2012. REUTERS/Steve Sisney

Chesapeake Energy Corporation's 50 acre campus is seen in Oklahoma City, Oklahoma, on April 17, 2012. REUTERS/Steve Sisney

Chesapeake Energy Corporation's 50 acre campus is seen in Oklahoma City, Oklahoma, on April 17, 2012. REUTERS/Steve Sisney
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