Encino Takes Over from Chesapeake in Ohio Utica; Big Plans
The deal is done. On Monday, Encino Acquisition Partners completed its purchase of all of Chesapeake Energy's Ohio Utica Shale assets for $2 billion, originally announced in July (see Stop Press: Chesapeake Sells ALL of its Ohio Utica Assets for $2B). The deal includes all of Chesapeake's 933,000 Ohio acres (with 320,000 net Utica acres)
United States Hardy Murchison Chesapeake Energy Ohio Utica Shale See Stop Encino Acquisition Partners Chesapeake Energy
Source: marcellusdrilling.com