Oklahoma City-based Chesapeake Energy has agreed to a deal to sell approximately 377,000 net acres and 1,350 wells in the Eagle Ford formation in the Brazos Valley region of east-central Texas for $1.425 billion.
WildFire Energy acquired approximately 377,000 net acres and approximately 1,350 wells in the Brazos Valley region of its Eagle Ford asset from Chesapeake Energy Corporation.