By combining high-quality, large-scale acreage in Appalachia and Haynesville, the pro forma company has current net natural gas production of approximately 7.9 Bcfd, with more than 5,000 gross locations and 15 years of inventory.
The acquisition would make Chesapeake’s gas production larger than its biggest rival, EQT Corp., and expand its holdings in two key gas drilling regions: the Marcellus basin in Appalachia and the Haynesville basin in Louisiana and East Texas.
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