Chesapeake confirms Barnett exit

Chesapeake Energy has sold its entire position in the Barnett shale to private equity-backed Saddle Barnett Resources in a transaction complicated by the US shale giant's labyrinthine midstream contracts.

Barnett sale: Chesapeake chief executive Doug Lawler
Barnett sale: Chesapeake chief executive Doug Lawler
Published 10 August 2016, 21:36Updated 28 October 2016, 09:10