Chesapeake has agreed to acquire Vine, an energy company focused on the development of natural gas properties in the over-pressured stacked Haynesville and Mid-Bossier shale plays in Northwest Louisiana.
A Plano-based natural gas company that went public earlier this year is being acquired by Chesapeake Energy Corp. in a deal valued at $2.2 billion. Vine.
In the latest deal among natural gas producers in the U.S. shale region, Chesapeake Energy Corp. agreed to acquire Plano, Texas-based gas producer Vine Energy Inc. in a zero premium transaction valued at approximately $2.2 billion.