Chesapeake Energy Settles With Estate of Former CEO

Chesapeake Energy Corporation’s 50 acre campus is seen in Oklahoma City, Oklahoma, April 17, 2012. From a single 6,000-square-foot building in 1989, the multi-building complex today contains almost one million square feet of office space and includes … employee perks like on-site Botox treatments at the headquarters.

Covey Park continues Haynesville roll up with Chesapeake asset deal

The Denham Capital Management LP-backed operator has been an active consolidator in the play in 2016, while the $465 million deal wraps up the seller’s $2 billion divestiture program. Chesapeake Energy Corp. said Tuesday, Dec. 20, it has reached an agreement to sell the second portion of the company’s acreage and producing properties in the Haynesville Shale in northern Louisiana to an affiliate of private equity-backed Covey Park Energy LLC for $465 million.