Denver-based Whiting Petroleum Corp. said Wednesday it would buy 17 oil and natural gas fields in the Permian Basin of West Texas and southeastern New Mexico for $345 million. The private sellers were not disclosed.
345M
Articles from 345M
Chesapeake Completes $345M Gothic Merger
Almost seven months after the initial agreement, ChesapeakeEnergy Corp. announced it has completed the acquisition of GothicEnergy Corp., making it the 10th largest independent natural gasproducer in the United States. The acquisition marks theturn-around of Chesapeake, which two and a half years ago tried tosell itself due to repeated losses.
January 17, 2001
Chesapeake Buys Gothic for $345M, Boosts Reserves 25%
Longtime industry basement dweller Chesapeake Energy is finallypulling itself up by its bootstraps with a little help from the gasmarket and Gothic Energy. The company announced on Friday that itplans to buy Gothic, its frequent Midcontinent drilling partner, ina stock and cash transaction valued at about $345 million.
July 5, 2000
Chesapeake Buys Gothic for $345M, Boosts Gas Reserves 25%
Longtime industry basement dweller Chesapeake Energy is finallypulling itself up by its bootstraps with a little help from the gasmarket and Gothic Energy. The company announced on Friday that itplans to buy Gothic, its frequent Midcontinent region drillingpartner, in a stock and cash transaction valued at about $345million.
July 3, 2000
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