In this week's video sponsored by NavPort: Chesapeake Energy found a taker for its interests in the Barnett Shale in Saddle Barnett Resources. The arrangement unburdens Chesapeake from billions of dollars in future expenses and midstream commitments. Meanwhile the summer of the Permian Basin continues as SM Energy said it will buy more than 24,000 net acres in Howard County, Texas. Also, EOG Resources reports that it sold assets this year with proceeds tallying $425 million in the Permian Basin and in Oklahoma.

Sources: