US shale gas giant Chesapeake Energy continued its string of divestitures with its latest exit from the Utica play in a $2 billion deal that will be used to pay down some of its debt, writes Julia Martinez.
The Oklahoma City-based company will sell all of its Ohio assets to privately-owned Encino Acquisition Partners based in Houston.
The transaction is set to close in the fourth quarter of 2018 with plans to use $1.9
