Once one of the stronger shale gas companies in the United States, Chesapeake Energy said it closed on a $450 million deal to sell some of its shale acreage. Chesapeake said it sold off 78,000 acres, of which more than half was considered core acreage, in the Haynesville shale area in Louisiana to an undisclosed private company for $450 million. The 250 wells currently in production are yielding about 30 million cubic feet of natural gas per day. “In addition, Chesapeake is marketing approximately 50,000 net acres located in the northeastern part of its Haynesville shale operating area, which the company also expects to close in the 2017 first quarter,” the company said in a statement. Chesapeake in early February said […]