Chevron Buys Permian Assets From Chesapeake
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Sellers
Buyers
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Description
Sale of 246,000 net leasehold acres in the Delaware Basin.
Chevron Corporation (NYSE: CVX) announced that its subsidiary, Chevron U.S.A. Inc., has agreed to acquire 246,000 net leasehold acres in the Delaware Basin in New Mexico, a part of the Permian Basin, from Chesapeake Energy Corporation (NYSE: CHK). Terms of the agreement were not disclosed.