Chesapeake Energy Acquires Barnett Shale Assets

Chesapeake Energy Corp has purchased Barnett Shale assets from Exxon Mobil. The deal includes 24,000 acres of property and an 80-mile pipeline owned by an Exxon Mobil partnership in the Barnett Shale.


The Barnett Shale is one of the largest natural gas producing areas in the United States.

Terms of the deal were not disclosed.